The multitasking will still be poor but perhaps Apple can do something about that when in docked mode.
That said, development likely remains a non-starter given the lack of unix tooling.
M1 chips, great screens, precise pencil input and keyboard support, but we still aren't allowed a serious OS on it to protect the monopolistic store.
App Stores have beeen around long enough to prove that they're little more than laboratories in which to carry out accelerated enshittification experimentation. Everything so dumbed down and feature-light, yet demanding subscriptions or pushing endless scammy ads. And games that are a shameless introduction to gambling addiction, targeted at kids.
I feel bad about all this because I advised my mother to buy an iPad Pro as it was sold as a laptop replacement but it never materialized anywhere near expectations and ended being an expensive mistake that can only offer compromised workflows with limitations that do not even come close to a MacBook she was used to (even in Apple own apps, even something like the Page app, yes).
I think the iPad would be a fine device, if only they didn't try to upsell it and stopped pretending it is a "Pro" thing. If the whole lineup would get OLED displays, more RAM across the board and decent base storage for media at a more honest price it would be an easy recommendation.
As it is, the entry level is lackluster because of the display (if you only buy for content consumption it is better to go with an Android OLED options) and the high-end variant are just stupid expensive for what they will actually allow you to do.
But too many Apple customers have drunk the Kool-Aid so they don't have to care much about the reality and we just get expensive bullshit.
The Macbook line will get iPadOS support long before they allow MacOS on this line. Full steam ahead towards the walled garden.