I disagree, Anandtech tested the M1 max (409GB/sec bandwidth), and the CPUs managed 224GB/sec with the faster cores, and a total of 243GB/sec with fast and slow cores.
Sure that's quite a bit less than 409GB, but there's other major parts of the chip like the GPU, video codec acceleration, and neural engine.
Seems pretty unique and useful to me, not everything fits in cache.