I am going to wait and see if the 5G makes a difference. I use my cellular connection daily for walks without my phone and streaming music. Where I am, the signal is weak in places. This may not help any which is why I will wait and see. I have the Ultra 1 currently so I am otherwise without need to update and this may not be a valid reason.
That was one of the updates I was looking forward to (also have an Ultra and do daily walks/runs without my phone). But in Canada no 5G love for watches from our carriers 🥹