Liquid water is not itself wet, but can make other solid materials wet.
Wetness is the ability of a liquid to adhere to the surface of a solid, so when we say that something is wet, we mean that the liquid is sticking to the surface of a material.
Back on topic, an ARM iMac is inevitable really. And this is not the first time we have seen future hardware listed in this manner. I will be ordering one the moment it is available.
About time, but if we're basing it off a screen capture like this, I can make you an iMac that's running off of a sparc processor and none would be the wiser (or if you believed it, oh man you stupid)
Do you use Xcode version 12.4? Older versions of Xcode did show the correct device, but now I see consistently the device I'm using myself, when looking at macOS crashlogs.