And mine is that they thought they could get away with it and that no one would notice... oops.
The M2 MacBook Air 256GB SSD had a sequential write speed of 2260 MB/s when writing 1GB blocks (The Verge)
The M2 MacBook Air 512GB SSD had a sequential write speed of 2760 MB/s when writing 1GB blocks (The Verge)
So writing 1GB of swap will take 0.44 seconds vs 0.36 seconds.
So how did regular users notice this? They didn't.