That's good insight.
I'm gonna pull out my 2012 MBP with 8GB and see what the pressure is like there with similar tasks.
I'm not sure how good of a comparison that will be as well, given the memory speeds on the M1 vs an 8 year old machine and the many other factors at play. You can artificially bloat your memory with a few terminal commands.
Here's a good thread talking about Apple's memory compression and pressure system: https://apple.stackexchange.com/questions/378981/high-memory-usage-on-macos-catalina