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Don't think it's 16:9, just lower PPI than the air -- Neo: 2408x1506, Air: 2560x1664.
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Yep, you're right.
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Yes. I think Air is a better buy if you are going to have a "laptop". I wish it was lot lighter if I am losing features against MacBook Air.
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Yes, this is spiritually more of a successor to the old plastic MacBook or iBook lines. Not a successor to the premium ultra-portable 12" MacBook.

That seems like a product they could also potentially revive with Apple Silicon.

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