I don't believe I've yet seen any swapping on my 128G M2 studio but I also don't watch it like a hawk.
Being able to use swap is obviously beneficial, and if you're going to use it, it's better if it's fast.
But relying on it in place of regular RAM means you're just artificially shortening the life of your SSD - that's what I meant about "a false economy".
The machine "feeling" responsive isn't the point.
If all other factors are the same, the ssd wear on a machine that's used the ssd heavily for swap is going to be significantly higher.
So almost no matter how much ram you get, in multi-application day to day workflows it’ll still use swap sometimes just because it can.
If your workflow involves something like giant objects in python or huge data structures that need to be in ram for performance, then you need the ram. But for use cases like 2,000 browser tabs plus photoshop plus Lightroom plus ten electron apps, mac osx “feels” like it has way more ram than an equivalent windows machine.