Anecdotally, my Framework 13 AMD ran me 1500 and I ended up with 64 GB of ram, 2 TB of storage, and an AMD 7840U. I bought my RAM and storage separately to get that end cost, to be fair.
I wouldn't be surprised if the M3 actually outperforms my processor by a bit, but having way more RAM matters a lot to me. All that on top of being able to repair my own machine is a no brainer to me.
I know most laptop users wouldn't care about this stuff, but I really hope Framework does well and helps bring repairability back to laptops.