Certainly. No motion vectors and error correction needed. Detail is preserved.
As I understand it, the thinking behind HEVC is that AVC preserves too much detail in motion, at the cost of large-scale artifacting. Detail that supposedly is not noticeable in motion scenes. So you can get shimmery effects with, say, rippling water or leaves moving in the wind. It's not bad at high enough bitrates, of course, but it's inherent.
HEVC sacrifices some of that detail to reduce artifacting and improve compression. From what I've seen so far, HEVC (H265) does look substantially better (at 1080p).
I confess I haven't seen a 4k (or UHD, whatever name sticks) TV yet. Maybe it would be worth trying to preserve more detail, I dunno.