You can hate on the notch as much as you want from an aesthetic standpoint, but not in any logical one from a usage POV.
The old 16” screen was 16:10.
The new 16” one is 16:10 *below the notch*. So everything full screen is just as good. There’s no notch in any area where you wouldn’t have had one on the last gen. But also this has more vertical pixels each side of the notch to give you more vertical space and is hence 16.2” and thus a bigger screen. There’s more space! Where the menu bar now lives. Nothing is lost, only gained. Bigger screen vertically and a better camera in a smaller package.
So you can complain all you like it’s fugly or distracting or horrible or annoying, but you can’t complain it’s in any way a reduction in usability or screen real-estate, it’s a win-win in all functional ways, so stop arguing it’s a loss from a function or space point of view.
Don’t forget that this new “bonus area” each side of the notch also has rounded top corners, so that additional strip of screen real estate above the preserved “sacred 16:10 rectangle” would have buggered corners if you were trying to use it for more than your menu anyway! Obviously the bottom corners are perfectly square because that’s the “sacred 16:10 rectangle” area.
If you wanna keep arguing you hate it or it’s ugly, or off-putting or offends your eye visually though, then carry on. That opinion is perfectly valid point of view. But it’s not valid to say it’s somehow taken some of your screen away or removed anything other than your aesthetic love of uninterrupted rectangles.
Also be sure to keep validly moaning they should have fitted FaceID in that space. But again, you still haven’t actually lost anything functionally over any previous MacBook, only gained a better camera than before.
It’s flat out better. Just may or may not be aesthetically challenging depending on your personal taste. And In some cases that’s too challenging for the benefits it gives you. But it’s a good thing for the don’t care either way folks, only bad for people who find it more visually offensive than the benefits it brings (and a wonderful thing for the weirdos who actually like notches for pleasure, regardless of functionality).