It’s not about the CPU - the M1 is far more than I need. It’s the OLED screen, landscape camera, new Apple Pencil, etc that I’m interested in. And fixing my stupid mistake of not getting a cellular version that has GPS. My wife wants to downsize her 12, and dump the horrible screen with the terrible blooming. We both plan on getting the new Magic Keyboard - I’m using a Logitech now, but it’s…meh. Have another family member that wants to use a new 12 as a Wacom cintiq replacement. So lots of different reasons, none of which have anything to do with the CPU….that’s just gravy.
The open question though is what new iPadOS features will be announced in June that require the M3, and if they’re anything more than a gimmick. A Siri that actually works (and works offline) would be nice for example.