I think its a good buy though. At least you have worry-free on compatibilities for the next few years to come.

Not worth betting on the new ARM processor for now in my personal opinions, unless you're rich with extra cashflows to burn. With Apple track records of first generation product line, its a big gamble to get it first hand on first gen product. To justify what im saying, there's no promise that you can run all the current apps/softwares, which is optimised on Intel chipset, on the ARM chipset. Even if its supported, i believe there gonna be a lot of bugs due to the programming language differences and its a question mark on how long it will take for developers to debugs to the stable condition.

To top that, many are worried about the return of Mac vs PC era with this ARM chipset. Personally, I still have some corporate softwares that run natively on Windows, so if the ARM chipset Mac doesn't support Windows, then i wont be able to utilize the best of both OS. Its a big holdback then to get the ARM based Mac regardless of how powerful it would be by then. I've been following closely on Parallel Desktop that mentioned they will support Windows on Apple Silicon chipset back on June, but there's no updates of news regarding this up to this moment.

1am still ok for me, 2am is a stretch too far