Be careful of the MacBook Neo reviews that have hit so early. Many of these reviewers are happy to sing praises of Apple for views, clicks, and early access to review units, etc. It is not a device that anyone has had on their desk able to test extensively, write review scripts, record and edit video, etc, yet without having special access.
Dave2D had his MacBook Neo on his desk with an edited video completed on the day the computer was announced. That's the special access I'm talking about. And you'll be lucky if you watched an early video like that from someone like him who is willing to be reasonably critical and risk losing that special level of access.
This segment of the Just Josh Tech podcast talks a lot about the caution you need to take with Apple reviewers who are just rushing review content out there: https://youtu.be/kSwXyxAA9XY?t=2406
I think it's very interesting how they note that someone they know who is very non-technical noticed the sluggishness of web browsing with an 8GB M1 MacBook Air. I noticed that when I owned mine as well. I bought into the hype surrounding the faster RAM and was happy to save some money at the time. I wouldn't say I regret it but I would say it made the system last much less time.
Yes, you can edit 4K videos, but not all 4K video editing workflows are created equally. You can't just jump into Final Cut Pro with complex timelines and lots of plugins and expect a good time. But of course if you're editing 4K videos in CapCut, that's no problem.
For more casual users, this same concept applies: a Safari user who has 3 tabs open is having a much different experience than a Chrome user with 40 tabs open and a simultaneous big file download competing for swap disk writes, even though both of those users are "casual" and "non-technical" computer users.
And here's the other thing, which Dave2D also mentioned: If you're locked in at the level where you just cannot spend more than $499 on a laptop, the Neo is a good deal. But if you actually have some willingness to spend just a little bit more, you'll almost certainly find some kind of M2/M3 MacBook Air, often brand new discounted at a retailer like Walmart or Best Buy where you end up 16GB of RAM and a ton of additional niceties over the Neo (Haptic trackpad, backlit keyboard, larger battery, better screen, speakers, microphones, etc). That system is a system that will ultimately last you longer than a Neo and only a small additional cost gets you there.