That would be my expectation. Both have 1 hp motors but the 602 has an intermediate pulley to drop the lowest speed setting to 170 rpm. This amounts to 3 lb-ft. of torque, assuming a realistic spec from Grizzly and neglecting losses in the drive train. A final speed of 164 rpm is a 10.5 reduction in speed but a 10.5 x increase in torque or more than 30 lb-ft. at the spindle. The 752 drives the spindle directly from the motor and it appears to have a 2 to 3 x reduction in speed in the low speed configuration. This would mean a 2 to 3 x increase in torque at the spindle or between 6 and 9 lb-ft.
In reality though, the limiting factor for delivered torque will most likely be the 3L belt. A 3L belt with a 1725 rpm motor and a 2" driving pulley is only rated for about .3 hp. I had the occasion to turn a 6" diameter on my 602 this morning and had to feed very slowly to avoid slipping the belt.