To me, 163ppi looks more similar to how old ~100ppi displays looked that to my 224ppi iMac.
In fact, once you see these new 280dpi displays, even 5k@27'' barely makes the cut. I wish it were sharper.
Here's Apple's range of Retina displays:
https://en.wikipedia.org/wiki/Retina_display#Models
The DPI difference between highest (iPhone 12) and lowest (Pro Display XDR) is 2.2x. The angular resolution difference at typical viewing distance between those two screens is 1.1x. Clearly the angular resolution at typical viewing distance is a much better definition of what's good enough resolution than the DPI.
But I'm glad we got over the idea that 220dpi is a magical number. Otherwise not even the iMac or the Apple Pro XDR displays counted as HiDPI.