(1) Windows ported to M1 ARM.
(2) 3rd party Windows applications ported to Windows port on M1 ARM.
BootCamp allowed Windows and 3rd party applications to run directly on x86/64 Intel hardware afaik. Appears to be an easy thing to do given the existing x86/64 user base.
As long as there are Intel based Macs, expect to see the Mac user experience to be another 2X cost increase (if one needs, or wants, both x86 and ARM based Macs at the same time).
Apple has very deep pockets just like Intel, so that Apple will likely need to pay for a Windows experience, both for the OS and 3rd party applications.
Am I missing something here? Seriously.