I last tried out the beta version of it on Graphene a couple of months back and it was rough. In fairness though, I was mostly using it to figure out how to use it to install a full fat Linux distro, which is probably a niche use.
My phone's just updated, so I'll give it another spin when I get home tonight and report back.
I have an 8GB M1 mini in service as my Home Assistant server. 4GB to UTM to run HAOS, the rest for macOS and Ollama running a small LLM for speech to text. I'm genuinely amazed that it hasn't fallen over. Tried the same thing in Asahi but without macOS' memory management and access to GPU acceleration, it just wasn't feasible.