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It still uses the same USB-C connector but will require an active cable (read: expensive) to hit that top speed. Otherwise it will fall back to the current 40Gbps.
But why not just call it USB 5? Do they have some sort of PTSD related to version numbering?
Predictions are for a drop of up to 35% in the current quarter and an additional 20% in Q4. Which is a lot. Component shortages have kept prices up the last couple of years but that is coming to an end for computers, though it still applies to industrial electronics.
It's not particularly cheap and it lacks the Four Essential Keys, but on the other hand it's not glued together - all repairs can be done with the single (included) screwdriver - and that counts for a lot.
Actually, since I have spare DDR4 SODIMMs and SSDs - and nothing in this laptop is soldered in place - I could just get the entry level model and upgrade it, which would cut the price nearly in half.
Disclaimer: Well, not nothing. The chips in the things you can replace are soldered to the things, but everything you can replace you can replace.