Hi Russ,
The short answer is that, right now, too much is up in the air to make any promises or draw any conclusions.
From a practical point of view, and from what I have seen so far, I would personally stay far away from anything new (whether that be hardware or software) that Apple introduces for as long as practical (including Big Sur!) until maturity has ironed out the myriad of issues and bugs.
When it comes to Apple, it is not the new architecture that worries me. Making StarTools run on a completely different architecture such as ARM, is something I have a lot of experience with, and it is baked my approach to software development. I even
wrote an article on my experiments getting StarTools to run on ARM/Android some 8 years ago.
By far my biggest worry when it comes to Apple, is its unilateral abolishing of standards, the poor stability/bugginess of its OS, tools and (some) hardware, its anti-competitive behavior, its poor (or non-existent) support of older hardware, and its increasingly aggressive exclusionary walled garden approach to software distribution.
All the aforementioned pose a much bigger threat to macOS as a viable platform for StarTools, as each of these make maintenance more onerous, costly, and/or reduces the serviceable market.
To be frank, macOS has been, by far, the most problematic (time consuming) OS to support, while having a comparatively small user base.
The announced M1 hardware looks "OK" on paper, however its non-expandability (16GB RAM soldered on the board, no eGPU possible) makes it hard to recommend, particularly as its integrated GPU core performance is lacklustre compared to many discrete solutions. My advice for the time being, would be to snap up any Intel i7 or i9 deals and stick with Catalina until it is no longer supported.