M3 iMac vs. M1: What are the differences?

Let's pit the new M3 iMac against the old M1 iMac.
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Minisopuru iMac Accessories for iMac 2021/2023, iMac USB Hub Support 10Gbps NVMe SATA SSD, iMac Hub for M1/M3 with USB A/C 10Gbps, SD/TF, iMac USB Adapter for iMac 24/Studio Display 27

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