Okay we force Apple to give the consumer freedom to choose at least one other OS. But none other exists, so what should Apple do? Create a second operating system themselves to give the illusion of choice? Be forced to bankroll an independent team such as Asahi (which you don't seem to consider valid)?
Well, you asked what's wrong with it, and being entirely unusable on a lot of the target hardware its trying to address sure seems like a problem. I didn't realize I needed to give them money to properly speak true statements.
I don't blame them, it's not like Apple makes it easy for them. They're definitely working hard on the project and I wish them luck. But one can't act like it's actually a viable OS to generally run on M series hardware. It kind of works on a select few models.
It seems to me that you are asking too much.