Mac Studio Ultra users just lost half of its value.
Nope, not so fast, this is not necessarily the case -- at least for editing. Unless I'm missing something these scores don't account for the full story of how Apple Silicon differs from the old Intel machines. Remember that these chips are modular and contain different subprocessing units for specialized tasks such as media playback. The M2 Ultra chips still have more media processing engines than the M3 Max. This M3 Max may be faster in terms of raw GPU and CPU abilities but what makes Apple Silicon so powerful for editing workflows is the inclusion of those media engines (that's why people can play multiple 8k streams on Apple Silicon when editing).
Maybe the raw performance of the M3 Max's GPU makes up for the lack of extra media engines but it's interesting how these specialized subprocessors (like the NPU or media engines) are becoming more important for workflows than raw horsepower. We will have to wait and see the tests but I can see a world where the extra media engines in a last generation Ultra chip are more valuable for certain workflows than a current gen Max chip.