Yes it's been an interesting one to read through Microsoft's "what's new" for Windows 2022, there's multiple references to TPM support and Credential Guard and

Yes it's been an interesting one to read through Microsoft's "what's new" for Windows 2022, there's multiple references to TPM support and Credential Guard and the MS Edge Browser (features we have already). We then have Azure Only features, and "Azure Hybrid" features. Microsoft have effectively done what you describe with Exchange. Current literature is pretty open about the fact they are barely working on the on-premises version. Which would be fine if they sorted out the hybrid management situation.