M3 Air - 24GB - 512 for video editing - any experience?

Perhaps some of you could tell me about your experiences with the M3? I've been using my base 2020 M1 Air (8GB) for the last three years and it's been getting slower and slower. I do basic editing and color grading in Premiere and DaVinci. I work on 4k footage. I do basic animations in AE. I'm planning on working more with AI engines and test them out for my creative work (mostly video ads). I decided to upgrade to a base 2024 M3 model (16GB) but saw a great deal on the 24/512 version so I went with it. Is this an under/overkill? And is there anything I should know about the M3 Air models in general? Thanks.