Key travel isn't back to what it used to be, but it's moving down everywhere so apple at least isn't far behind. I went from a T series thinkpad to an M1 air and the keyboard was a clear downgrade, but in practice I find it to be "good enough".
Apple:
.7 mm - butterfly keyboard
1 mm - current mac scissor keyboard
1.3 mm - old mac scissor keyboard
Thinkpads:
1.8mm - T series thinkpads (aka the ones with the good keyboard)
1.5mm - last year's X1 carbon (the thin and light)
1.3mm - this year's X1 carbon