Notch or Dynamic Island are synonymous (no such thing as pill cutout) it’s all the same.I get where you’re coming from but outside of the 16e and 17e Apple hasn’t made a phone with a notch in years. For the most part the pill cutout is their current design identity.
An intrusive element located in the top of the display, partially obscuring what sans either of them would be a beautiful full screen display.
Yes it’s partially styling for recognition purposes and partially functional for the components they contain, yet at the end of the day some of us find it quite annoying.
Apples design and engineering staff could easily eliminate either if they chose to. It’s not rocket science.