Update: Re-reading your above comment I realized I mis-read your post and though you were suggesting 32GB was table-stakes... which isn't quite right. Likewise much of below is based on that original mis-read.

I'm not convinced that going from 16GB to 32GB is going to be a huge instant performance boost for a lot of developers. If I was given the choice right now between getting one of these machines with 16GB and getting an Intel with 32GB, I'd probably go with the M1 with 16GB. Everything I've seen around them suggests the trade-offs are worth it.

Obviously we have more choices than that though. For most of us, the best choice is just waiting 6-12 months to get the 32GB version of the M? series CPU.