The new MacBook Pros look amazing, and if I was in need of that kind of power, I'd pulverize every one of you to get to the front of the line...
However, my M1 MacBook Air (8core/8core/16GB/512GB) is way more than sufficient in terms of speed for my laptop needs for at least the next couple years. In fact, it runs desktop duty 75% of the time connected to a dock and a 32" 4K display, and does it amazingly well. And on the go, you can't beat the thinness, silence and light weight. And the MBA will run very happily off a near-weightless 20w USB-C charger, too.
I don't really video edit -- maybe a 30 second clip here and there. I take a few personal photos and occasionally touch them up with Pixelmator Pro. 95% of what I do is office-type stuff. The M1 MBA does all that and does it blazingly fast. Word & PowerPoint won't run any better for me on a 32-core, 64GB M1 Max. And as a mobile device, the new MBPs are bigger, heavier and likely louder than the svelte MBA.
I have no doubt the M1P and M1M processors are beasts, and if someone gifted one to me, I wouldn't hand it back, but the power would be totally wasted on me.
Now, if Apple were to release an M2-based 12" MacBook, then we'd have something.