Overall, no, it isn't even close. Samba 4 may offer the core features of AD its self, but it doesn't offer all the powerful management and Group Policy tools, system deployment facilities, etc. Some of it could probably be hacked in on top, but IMO, it's really not worth it.
I was running a Samba3 domain on an LDAP directory for years. It was OK, but always had annoying warts and problems, plus it was a pain to run. Automatic printer drive deployment was fiddly and never that reliable. Group Policy wasn't even an option.
Eventually I gave in and moved over to win2k8. As a heavy Linux user and long-time *nix sysadmin, I have to say, for running Windows networks I am NEVER going to use anything else. Sure it has its issues, but it's reliable and it has an amazing array of system management tools.
The Microsoft Deployment Toolkit alone is worth running a Win2k8 box for : just PXE boot your clients and have them auto-re-install themselves, install software and printers, change settings, add local users, install updates, and reboot almost ready to use. You can do this with a USB key and a manually copied Windows PE image, but it's fiddly and annoying.
Then there's Group Policy. Group Policy actually makes me want to use Windows. It makes me want to get rid of my Linux thin clients - despite their reliability - because with Group Policy I can just push changes out to all machines (or defined subsets) with a few simple changes in a central directory. It's seriously impressive.
About the only irritation is that so many software packages use custom installers rather than the Microsoft Installer (MSI), so it's not always easy to roll them out via Group Policy server push. Some of those that do (I'm looking at you, Adobe) don't make it easy to just download their updates whenever they come out and push them via Group Policy; you have to go and check for updates by hand. Fail.
Despite the irritations, there's just nothing like it for booting a client off the network and having it come up ready to use. Redirect the user's desktop and documents folder and you don't even need to worry about the machine breaking or having client backups; you back up the redirected folders, and if the machine breaks you just re-image it because it has no local data of any importance on it.
The sad fact is that tools like this are no fun to work on, so they're not something we're going to be seeing in Linux/BSD land in a hurry.