Everyone who still holds on their M1's are now permanent underclass. You will never be able to afford new MacBook.
I have an M1 Max MBP (16", 64GB, 4TB) and I see no need to upgrade. I got it when the M3 came out so I saved about $2,000.
I'm in that class. My iPhone has more power than my MacBook it seems. But I do love the m1 still for what it can do.
This makes no sense. What makes the owner of a 6 year old laptop less able to afford a new MacBook than the owner of a 2 or 3 or 4 year old laptop?
If anything, the longer you hold your laptop, the more you amortize the cost, and can more easily afford the next one.