From experience I can tell you, that most of your arguments don't really hold up. When the new M1 Macs came out, I bought my first new Apple Computer in 10 years (got a 27" i7 iMac in 2010, still runs great). After a lot of back and forth, because I really disliked the overpriced and underpowered Macs that defined most of the 2010's. Then I got my 16GB RAM M1 Mac mini in 2020, convinced I didn't get fooled by the hype train. All I can say is, the performance is outstanding, it does everything with ease, I don't even have to think about it, I rarely do some video and audio editing and convert large movie files. But when I do it's a blast. I remember my decked out i7 iMac (a top of the line machine at the time) really starting to sweat with a large amount of 1080p clips back in 2012. But my low end Mac mini is everything I ever hoped for, fast quite, resposive and most of all, not overpriced! And I lost my interest in gaming ever since the bitcoin craze, it's just not fun building a PC anymore when I know, I was able to sell my gaming Vega 56 for over 600€ (a card which I got for 260€ 2 years earlier, brand new)
The reason I shre my personal M1 experice here is, that I got an complementory 6-Core i7 Mac mini for a very good price. And while it's very fast, it doesn't hold a candle to the M1. It is very warm and the integrated graphics are really holding it back. It makes no difference if the M1 has 16GB and the Intel got 64GB. The M1 will use what it got much more efficently. Rosetta also is unnoticable, it's just like PPC on Intel felt under Leopard back in the day. Despite being translated, Apps run as fast as on a high end Intel Mac. At least for my use cases.
In short, a base model M1 MacBook air is now capable of doing things, you needed a high end Intel MacBook Pro for, for only a quarter of the price, no heat and much longer battery life.