It's not pointless - it gives you a one year extension. In that time, you can arguably wait and buy a faster computer for more-or-less the same price as buying one today.
My Windows computer is an i7-7700 series which is not compatible with Win 11 w/o hacks. I will probably convert that into a nice Linux or Proxmox system since it has 32 GB ram. I'll eventually buy a system (on sale) that ships with Win 11 Pro.