I would say that the look and feel of M1 MacBook Air is better, and you aren't getting an upgrade in performance department either, so is it really an "upgrade"?
Source: disappointed by the new speaker system in M2+ Airs and worse build quality, the classic chassis is, in my humble opinion, better engineered and is more delightful. M4 rips though, but you aren't getting this with the clock speeds and core counts of A18 Pro.