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I'd guess that's about thermals. Thin looks good but runs hot.

Apple have de-Ived and gone for practicality over fashion-accessory style. I'm not convinced that's a bad move.

I have nothing against being thick. The 2012 model was thicker but I like its design

It's not really thick though. In fact, the 14" is 1mm thinner than the M1 13" Pro.