Only at 1080p. 4K AV1 is a stutter fest for me on 2019 Nvidia Shield Pro, Roku Express 4K+ and Firestick 4K. It's only smooth playback on my N100 HTPC, and only the HTPC and Nvidia Shield can do surround sound through DLNA anyway.
Streaming sticks don't have the hardware to do 4K AV1 decoding though, or support surround sound streaming though DLNA shares. The gold standard for audio streaming has been the Nvidia Shield for many years but the hardware on that is too weak...
The problem with these APUs is cost. $330+ APU + $250-300 ITX motherboard makes these things more expensive to buy than console, or even regular desktop parts and a discrete GPU. This is a far cry from the early AM4 days when you could spend $175...
That would imply a 16GB 5080 at the price of the current 4090 with slightly more performance, which is just...ugh. But expected if AMD won't be doing anything other than midrange cards next gen.