I was incredibly confused this year by Russia being "ROC" and Taiwan being "Chinese Taipei", given I'd always mentally associated "ROC" with Republic of China aka Taiwan.
The athletes shouldn't be punished however, so the athletes are allowed to get together to make their own group. At least, the 2021 athletes are not the same athletes who cheated years ago, so we should give them a chance at the world stage.
Flying under the Olympic flag under a "not Russia" name is a good compromise IMO. It publicizes the cheat while still allowing the athletes to compete.
I think it was worth it for Russia to cheat in the Sochi Olympics. There doesn't seem to be any significant consequence from their violations.
They just didn't want to ban the new generation of athletes. A lot of these kids are just 19 years old (aka: they were 13 years old at Sochi). I think banning the cheaters, but not the "next generation" is a good plan.
Only after I searched did I realize ROC is just Russia.