Assuming the local models get the job done (e.g., you adjust your workflow so that you can run the local machine 100% all the time, or whatever), then the time to payback isn't very high. MSRP for a 128GB AMD was $1400 at launch. That's 7 months of claude code subscription. If you assume a 5 year depreciation cycle, you can buy a cluster of 8 such machines and still come out ahead. (Power is a few hundred watts per machine peak -- maybe 7 machines if you include electricity.) Of course, I'm assuming non-bubble numbers. Those boxes are like $3K now. Still, a normal person would probably not buy 8 of them at once. Instead, they'd space out buying a machine every few years as the technology improves.

For me, things are getting better faster than my ability to review / trust the resulting code, so tok/sec isn't a bottleneck anymore. Instead, quality of the tokens is the bottleneck. That points to me wanting a 1TB DRAM iGPU once they're available at pre-bubble RAM pricing.