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If I had the 1TB M4 I would have skipped the M5. The main reason why I upgraded is RAM, but performance improvement are minor (contrary to M2 to M4, but even then, who was complaining about M2?), except maybe for gaming, but I don't game. Fast charging is nice, but the current 37/38w is still decent, so it's just a nice bonus, not a reason to upgrade. As is 120hz on external monitors, since I only have a portable monitor which goes above 60hz (240), and I rarely use it. The AI stuffi is not a reason for the next couple of years.
I would have waited M6 or M7, unless my battery was struggling, which is unlikely after only 1.5 years, or to correct some mistake like not enought storage or cellular (but 256 are enough for me, and I had the cellular already).
 
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I have an upgraded M4, and plan on skipping M5. No meaningful changes for me. Fast charging would definitely be nice to have but I’ve been fine without it since it first came out.
 
I’m going m4 to m5 to get cellular and nano texture. If i had opted for those features on my m4 I would not be upgrading.
 
I'm only slightly tempted because of the cellular improvements(and improved charging speed)... I use the crap out of my 1TB cellular M4 iPP as a travel device and on the move. So the biggest impact I think I would notice on the M5 would be the updated and more efficient cellular chip.

I am a bit surprised they kept the 1TB and 2TB models at 16GB. Had they increased the RAM in addition to the other upgrades, I might have seriously considered passing down the M4 and getting an M5. Until I see more real world impact/data... I am sticking with my M4.
 
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I'm only slightly tempted because of the cellular improvements(and improved charging speed)... I use the crap out of my 1TB cellular M4 iPP as a travel device and on the move. So the biggest impact I think I would notice on the M5 would be the updated and more efficient cellular chip.

I am a bit surprised they kept the 1TB and 2TB models at 16GB. Had they increased the RAM in addition to the other upgrades, I might have seriously considered passing down the M4 and getting an M5. Until I see more real world impact/data... I am sticking with my M4.
If they had gone to 24GB I would have splurged for the 1TB model and try to keep it for 7-8 years. But given it's only 16 I went with 12GB and will probably updates in 3-4 years (m7?). Hopefully by then 16GB will be the base and 24 the upgraded version. In a couple of generations there should also be a few more perks and, of course, a new battery (I don't count on Apple to do a battery service, they go out of their way to avoid doing that).
 
I got a 1TB M4 11” at launch and the expense of the M5 makes no sense for my use case. If you use the device to make money it might be a different story.
 
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A skip for me. I have the 13 m4cellular with 1 tb. As I was waiting to pick up my new mb pro I played with it at the Apple store for nearly 2 hours. I am sure the video editing I do would be speedier, but outside of that and faster charging there was nothing that even remotely wanted me to upgrade. I usually do every couple of years and I was anxious to see if there was anything that would tempt me. Not a thing! I did pick up the new charging brick, that has made a world of difference for all my devices.

These things are speedy at that config. Get the new charging brick and you will knock that improvement off your upgrade list.
 
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