Turned out, a lot of people accepted that deal and stayed on XP. So many that MS got increasingly upset and put up pressure by adding nag screens, etc.
I'm completely sure, should enough people here actually try and stay in Win10, they will do the same. Especially since the main motivation for Win11 seems to be additional capabilities for DRM/locking down the system, so MS has a specific motivation to get as many people as possible to switch.