Yep, and you're free to not purchase this model if it doesn't fit your needs.
> And the better compromise is: the notch is there because of Face ID.
The notch has nothing to do with FaceID. It's for the webcam. FaceID can exist without a notch just the same and no-FaceID. All it needs is to waste the area around the notch with a bezel, like the older models. As a rock climber who every few days has trouble unlocking the computer with TouchID, I also want FaceID on my Mac.
> Someone stated that "there is no way to do a web cam without the notch".
I mean, that's obviously untrue since we've had webcams in laptops for many years without notches. The more correct statement would be that you cannot reduce the bezel further than the vertical size of the webcam without a notch - or a retractable webcam like some laptops have (I wouldn't want that moving part on my MacBook though).
> reminded me about iPhone 4 - "You are holding it wrong" fiasco.
The notch is an aesthetic thing. The iPhone 4 antenna thing actually made the device unusable as a phone. I don't see how these are related.
In any case, I am fairly certain there will be (either as part of the OS or as a 3rd party add-on) an option to make the top stripe permanently black and out of the usable screen eventually. If I'm right about this, everybody wins - extra space for those who don't mind the notch, regular 16:10 screen for the ones offended by it.