Im contemplating either selling my 8mo old cheapie ThinkPad(that I bought for rather cheap to have as universal Windows laptop at home for occasional need here and there) and use those funds to buy myself base config MBA and be happy with it until OLED Macbooks come out or wait for Macbook Air refresh, hopefully during WWDC and then sell my current ThinkPad and get either base 2020 M1 Air even cheaper or upgrade to latest MBA during summer. when its released in mid config with 16GB/512GB or 16/1TB combo, unless it gets too close to current base level MBP 14, in that case weight, battery life and perhaps ports will play large role in making decision.
But, overall I see, at least for my use scenario, base level M1 MBA as rather good stop-gap laptop until OLED ones come out.
Why I didnt get one last summer, when I bought ThinkPad, you might ask? Well, back then TP cost me 579+60 euros for 16GB RAM stick while base level M1 MBA cost me above 1100 euros, now I can get one for 900 brand new or ~750 used in like new condition and still more than year warranty left.