Interesting option that I hadn't seen previously. It appears to use an integrated USB4/SSD controller from Phison rather than a TB3/USB4/TB4/TB5 bridge + NVMe SSD. There's probably some efficiency advantage to this but also means the enclosure is not reusable nor could the SSD be moved to another enclosure if the enclosure failed.
Performance seems good to very good depending on who you ask. One issue with the new/alternate controller is that it may be less proven (especially on the Mac) than more conventional SSD. I see relatively few reviews from Mac people and the ones that do have mentioned 'Eject disk before disconnecting' the issue when waking from sleep:
For anyone interested, I took delivery of the new Corsair EX400U external SSD today, which claims data speeds of up to 4,000MB/sec sequential read and up to 3,600MB/sec sequential write. I don't need oodles of space, so opted for the 1TB model. Using it on a MBP M4 Pro 14, I formatted it APFS...
forums.tomshardware.com
That issue is limited to that drive (and there are posts on this board that argue the issue is in macOS and has been there across multiple recent versions), but it sounds like that poster experiences it frequently when waking from sleep.
Also, the drive has a relatively low TeraBytes Written (TBW) rating of 250 TBW/TB capacity. Though it is unlikely you will hit that limit (e.g. 1000 TBW for the 4TB capacity model) in 3 years typical use, I take that as a proxy for quality. These days I look for a 5 year warranty and 600 TBW/TB (and ideally 1000+ but that's becoming rare).
Otherwise afraid I have no first hand experience with this drive (nor off-the-shelf alternatives) but it doesn't appear anyone else here does either...