Based on this good estimate, I'd say yes.
You'd get around 40% better performance in the applications mentioned (time is money), along with a significant reduction in power consumption (especially at idle, since a 920 running at higher base clock wrecks idle power savings). You could easily save $100-200 in a year's time depending on how many hours you spend in Adobe CS.
But don't be fooled, you won't reach 4.5 Ghz on air 100% stable unless you're willing to apply a serious voltage offset and cook your chip.
I have a 920 OC to 3.4 and just got a 3770K for son. I like the ivy for its power savings but it does not give me the WOW when I use his then go to mine. They feel same, both very fast.
In games not much different, as its mostly video card.
encoding, the intel hd4000 is faster than video card so if you encode for hours then it will save some time.
USB 3.0 is nice but you can get a PCIx add on card for that.
Its very nice just not enough to make me upgrade yet as its not a WOW.
I got the 3770k on sale for 220.00 last week (box version)
It gets 9600 cpu in passmark, my 920 (3.4) gets 6200.
If you are doing 3dsmax rendering for 6 hours it might knock an hour off but I'll have to bench. That 40 percent people are telling you is misleading. My DDR bandwidth is still faster (but essentially same) In real world day to day tasks you will not feel 40 percent faster. Only in specific benchmarks.
So don't expect to get 40 percent more done web surfing or gaming because you wont.
They both feel so fast I cant feel any difference.
My page loads in .8 seconds and his loads in .7. Wow saved .1 second.
But I think the 3770k is one of the best overall cpus you can get right now. It does everything well. games, video, usb, sata, pci 3.0. I think I paid 420.00 for Asrock z77 pro3/ 16 gig 1600 ddr3/3770k.
Have not bothered to overclock it, 3.9ghz fast enough. It only uses 8.5 watts at 1600hz. So its very very nice for power and if my 920 dies Id get a 3770k right now.
But if you just hungry for new gear and just want to spend 500.00 then do it.