No, not quite. What do you think the USB3.0 SuperSpeed is? Why, a brand new transfer mode.
> If I plugged a USB 3.0 cable (9 pins) into a USB 2.0 (4 pin) hub, the device still worked at the lower speeds.
You'd be glad to know that nothing changed in that regard with USB3.0, 3.1, and 3.2.
In fact, the whole point of this submission is to showcase how M1 macs are only capable of drawing a lower data transfer speed unlike the new Mac Studio, thus proving that the M1 macs don't support USB 3.1 Gen2, aka SuperSpeed+.