Hard to know relative performance before we get benchmarks. Aside from that anything that runs on M1 should run on this in the same way. In fact, the processor on Neo should support slightly more modern software since it implements ARMv9 [1] agains M1 ARMv8 [2]

[1]: https://en.wikipedia.org/wiki/Apple_A18

[2]: https://en.wikipedia.org/wiki/Apple_M1