Well liked yes, but it throttles due to overheating, though it will only typically be noticeable on long running tasks. Adding a simple thermal pad so it makes contact with bottom case cover makes a big improvement.

https://www.youtube.com/watch?v=2EY7KW-PVy8

This is also the case with the M1 iMac, the lower model only has a single fan and throttles on long running tasks as well.

Apple is constantly having bad designs and failing to take care of customers until they are forced to via lawsuits.

I saw a Linus tech tips video where they made that mod, and they found that it heated the chassis well beyond the regulation limits, while Apple’s original design falls just within it.

It's taken them 20 years since the G4 Cube and several other no-fan, overheat-plagued models to figure it out.

Sad for all the customers along the way that suffered through all the failed attempts.