Forgot all about the announcement today.
Went to apple's website, saw it, ordered it - before I'd even watched or read anything.
Went for entry level - because seriously, $599 (or £599 where I am) - is a compelling price and the M1 I got in 2020, using it now - with 8gb and 256gb HD - entry level.
It has NEVER bothered me, despite the fact I do a lot of graphics work and coding.
External HD's solve the internal HD space.
It's only semi-pro and pro folk doing video, sound, 3D etc. who need the horsepower - and sure, there's plenty of those folk, on these forums.
I'm a coder and a graphics dabbler, so for me, 16gb and M4 is like _amazing_
The power I want, is for gaming - that's where a LOT of my money goes, on custom PC's for VR etc.