There are a lot of elements to sound "quality". In the lab, or in a controlled setup like a dedicated listening space, I'd choose dedicated, traditional speakers over the HomePod. I think the feature most overlooked in HomePod is the implementation of 360-degree sound and spatial awareness. Even great speakers can be ruined by a poor listening environment. My Focal CMS 40s sound much, much better than my HomePod in my treated work space where they are carefully aligned to my usual sitting position; however, I'd much rather have my HomePod in my open living room/kitchen/dining room where I'm moving around making dinner while my daughter has an impromptu dance party while procrastinating her homework.
Life happens on the move. That's where the HomePod excels. There is no critical listening spot with HomePod and that's by design. Kills me that so many reviewers of the HomePod plunked one down next to their dedicated hi-fi, sat in their well-worn listening chair and said, "yeah, it sounds good/bad/the same as XXX". Of course some (fewer IIRC) reviewers did similar things with the AirPods Pro by comparing them to comparably priced *wired* headphones. Luckily most consumers instinctively realized the incongruity of that comparison but most consumers have limited/poor experience with home audio and didn't understand the value.
That beam forming also works great for Atmos and home cinema is a happy by-product. I'm cautiously optimistic that Apple will resurrect the HomePod and apply this tech to the home cinema space where, ironically given that cinema is almost always consumed sitting in the same space, the advantages of spatially aware speakers is better understood. The TV/home cinema also seems to be where most Americans (anecdotal, even less sure outside the USA) consume "serious" audio outside of their cars. Because of poor quality PA systems, badly reproduced recorded music is the background noise of our lives. High quality music playback is unexpected and almost odd. Movie theaters have kept consumers expectations for cinema audio high.
/rant