I replaced my 7 year old MacBook Pro yesterday. I installed UTM instead of going with Parallels. So far, so good. Stood up a MacOS vm. It seems to hang occasionally. Don't love that. I also installed a Kali/ARM vm. Haven't done much with that one.
My objective is to keep the base OS as “clean” as possible. Install few additional applications. Use mainly the browser, native Apple Apps, Edge for work, and Obsidian. All the “weird” will be pushed to vms running in UTM.