More bandwidth is always good, but this also has universal cabling support for 240W charging [1].
My M1 MacBook Pro can use a single Thunderbolt 4 cable to an external monitor supporting 100w now. But if the battery is charging, occasionally the external screen blanks until the battery is fully charged or connected to external power.
1. https://www.tomshardware.com/news/thunderbolt-5-debuts-120-g...