Whoops. It's been a while since my MET classes! lol.
What I mean't was ultimate strength.
I could honestly care less about ultimate strength as both materials are strong enough considering the size of tube most guys utilize, and more often than not the link will fail at the welded tube end (from what I've seen). I also didn't really mean "resistance to bending" but 4130s better ability to yeild under bending forces yet return to it's original heat treated shape (hence why it's used in most racing and aftermarket sway bars). This to me is really the ONLY benefit for this particular application. For the $, most are better off using the largest mild DOM they can fit especially due to the fact that thick wall 4130 is hard to find and VERY expensive.
We're not building bridges here, we're building a simple suspension link for a realitively light rig.
Simple cost comparison:
2" OD 1/8" wall 4130 ~ $15.50 a foot
2" OD 1/8" wall mild DOM ~ $8.80 a foot
2" OD 5/16" wall mild DOM ~ $15.50 a foot
Which would you rather have?