I bought an 11" M1 Pro when they were released. But not for coding. It was a splurge and I justified it as "home laptop replacement" with a heavy side of "M1 should mean it'll be supported for a LONG time." Similar theory as maxing the RAM on a new MacBook, etc.

Now that the Air has that same hardware, my wife bought that instead of a Pro, and that's what I'd recommend to most people. The extra camera features are pretty worthless IMO (I have an iPhone Pro and a mirrorless for photography).

I have the Magic Keyboard. It wasn't cheap, but it's really good. My wife didn't bother, but she also has an M1 MacBook Air for laptop stuff.