There's a big difference between running native ARM software on ARM and emulating x86 to run Windows. If this Mac was x86, it could have probably run Windows much faster thanks to virtualization
> I was pleasantly surprised how fast you can run x64 windows apps
In general as long as you have a fast enough machine emulation isn't that bad. Apple was doing that already for 68k with PPC and most people didn't noticed due to how massively faster their first PPC computers were. Still, the issue is that here we're not really talking about a high-end CPU aren't we