I posted a video a couple of days ago comparing the M1 11" side by side with the M2 11". I decided to return the M2 iPad, but try my luck with another one. I shot a few more side by side comparisons with the M1, using the new M2 I received today. For each video below, the M1 is on the left, the M2 on the right, and each iPad is set to maximum brightness.
Here is the M1 (iPadOS 16.1) vs M2 (iPadOS 16.0, which is the version that it came with). Both with Dark Mode on, Night Shift on, True Tone on:
View attachment 2109684
Next video is the M1 vs M2 (now updated to 16.1). Both with Dark Mode on, Night Shift on, True Tone on:
View attachment 2109686
Next video is M1 vs M2. This time with M1 having Dark Mode on, Night Shift on, True Tone on, and M2 having Dark Mode on, Night Shift on, True Tone off:
View attachment 2109687
Finally, M1 with Dark Mode on, Night Shift on, True Tone on, and M2 with Dark Mode on, Night Shift off, True Tone on:
View attachment 2109688
My take: The colour shift is worse in 16.1 than in 16.0 (suggesting a possible software cause), and is mitigated somewhat by turning off either True Tone or Night Shift. I am personally torn, because comparing the two devices side by side (in real life, not on these videos), the screen for the M1 is better to my eyes (not just because of the yellowing/dimming, but in terms of the overall colour/appearance). But I would like to future proof as much as I can with this purchase. Since the return period for both devices is until January, I guess I have some time to think about it...