For what it's worth, here is my experience with an M1 Pro 10/16 with 16GB of ram.
My test workload:
1. Xcode with 2 workspaces open
2. `fastlane snapshot` running in the background to take simulator screenshots (4 devices, UI Tests running)
3. Browsing the web (Gmail, MacRumors, App Store Connect tabs open)
4. Sketch open with a moderately large file (50 symbols and 100 dartboards).
I kept hitting yellow memory pressure in Activity Monitor. I didn't notice any slowdown which is good, but the fans did kick in and the bottom of the machine did get warm. Not hot, but noticeably warmer than the ambient temperature in my apartment.
For my use cases, I'll be swapping for a 32GB machine to avoid running into the yellow for memory pressure.
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That could just be processor load though. Doing something like that would make my 64 gb i9 16" hot to the touch. But yes, you certainly have a valid use case if you don't mind the cost, it just might not have the impact you think it will.
Posting this again - it's been posted like 5-6 times already, but everyone really needs to watch this. Even pushed to page fairly hard the performance improvement is negligible.