The sync was actually a compromise to the standard. The idea was unique, device-bound credentials. One person, one device. The private key/passkey on your phone should not be the same one on your laptop, or your tablet, etc. Each device was supposed to have it' own unique credential.
Allowing sync is a security downgrade to the standard, in terms of threat-model guarantees. Pure WebAuthn credentials should be sealed in hardware (TPM or Secure Enclave or equivalent) and be mathematically non-exportable which guarantees zero remote blast radius, an attacker must physically posses the device.
Allowing sync and storing passkeys in a password manager reintroduces cloud account compromise risk and recovery flow hijacks. You lose non-repudiation.
Still more secure than passphrase + TOTP, but doesn't eliminate account takeover attacks against your cloud credential vault, which purely hardware based, per-device credentials do.