Just wanted to report that I'm seeing a tremendous improvement in stability and performance using Beta 23.x on our new M1 macs.
On 22.x we were seeing constant hangs and crashes. So much so it was severly impacting our work output. We are a team of 5 editors and artists and had thought upgrading to the latest M1 systems would only be a positive thing. (Based on the reviews and experiences we read before hand.) NOPE! It was so much pain!
However, 23.x appears to be addressed those issues and our team is looking forward to updating to 23 when it releases. (I, for one, will be working on Beta 23 until then.)