Maybe that's underselling it. It is quite a good model and might end up replacing a lot of the work I was sending to Sonnet 4.6.
Also, Sonnet 4.6 is almost certain a much bigger model so the performance differences aren't unexpected.
In my experience Sonnet bills can be higher than Opus because it churns a lot more trying to get things right.
Example from my fairly simple but agentic benchmark:
Opus 4.7, 25/25, 81c: https://sql-benchmark.nicklothian.com/?highlight=anthropic_c...
Opus 4.6, 24/25, 61c: https://sql-benchmark.nicklothian.com/?highlight=anthropic_c...
Sonnet 4.6: 24/25, 41c: https://sql-benchmark.nicklothian.com/?highlight=anthropic_c...
I only tested the free OpenRouter version of Qwen 3.6 Plus, and it scored 23/25: https://sql-benchmark.nicklothian.com/?highlight=qwen_qwen3....
This doesn't quite show Opus cheaper, but it isn't the 10-20 times more either. Harder tasks close the gap even further.