A nice improvement, but maybe too little too late? I mean, what's the point? An ESP32 has 320K SRAM, 448K Flash and a 240 MHz dual core CPU. And it costs peanuts. That's the competition to beat, and this doesn't reach it, even though the ESP32 came out in 2016. The Arduino has been resting on its laurels for too long, I'm afraid. There's long been things out there much faster and cheaper, and with wifi out there for…
What bothers me about this release is that they are re-using the Uno name for a product that doesn't feel at all like and Uno. I don't think they should have used the name Uno unless they were at least sticking with the AVR family and 5V compatibility, and maybe I'd go so far as to say sticking with the ATmega328.
On the sticking with a 328 side, I would have liked an Uno R4 that expanded power input supported to 24v, replaced the USB-B with USB-C, could be configured to either 3.3v or 5v (defaulting to 5v).
I think moving on to a newer AVR, such as 4808, would be good for an R4 ONLY if the majority of libraries targeting UNO would just work on it.
Personally, my favorite was the Leonardo. I have a small bin of boards in the Arduino Pro Micro form factor, except the end G/5v/TX/RX pins have been replaced with a USB connector, and the 328 was replaced with a 32u4, so they are programmed as if they were Leonardos.