In more cases than expected, the M1/M2 Ultras are still quite capable, especially performance power per watt of electricity, as well as ability to serve one user.
The Mac Studio has better bang for the buck than the laptop for computational power to price.
Depending on your needs, the M5's might be worth waiting for, but M2 Max onward are quite capable with enough ram. Even the M1 Max continues to be a workhorse.