Earlier quoted context omitted.
The gaming performance of the existing M1 GPUs is, well, crap (like far behind the other laptop competition, to say nothing of desktop GPUs). The Ultra probably isn't changing that, since it's very unlikely to be a hardware problem and instead a software ecosystem & incentives problem.
I don’t think the performance is that bad. On a whim I tried running WoW on a 16” M1 Pro MBP and it consistently got FPS higher than the refresh rate (120hz) with the game rendering at 1x scale and most effects maxed out. Granted, that’s not as good as what you’d get with a mobile RTX 3080 or something, but it’s nothing to sneeze at for a laptop that doesn’t get scorching hot and doesn’t sound like a leaf blower when…
M1 Max struggles to keep up with an RTX 3060 mobile.
Now that's with the overhead of Rosetta 2 and all that, so it's of course "not fair" for the M1. But that's also the current reality of the market, so ya know.