Yeah, it's cool, but that's why I sold my iPad Pro. It's super powerful but limited by iPadOS. Call me back when they run desktop apps, then it'll be able to switch to a real desktop environment, a real convertible.
The performance of the Apple iPad Air 11 (2026) with M4 chip is impressive: It packs a lot of power into a tablet. However, it becomes obvious that performance is not everything and only the combination of hardware and iPadOS determines whether it is really suitable as a laptop replacement.