I'm running a small secondary buss powered USB-C dock off this one just to add a few non-critical USB ports for things like iLok and dongle for a Logitech Mx Keys. I have something connected to every port on the dock, mostly USB-C/3 SSDs and Cirklon USB, Ethernet, apart from maybe the SD card/headphone socket. When I'm talking about the OWC Dock, this is specifically the one called OWC Thunderbolt Dock, no numbers in the name, and it is Thunderbolt 4. I'm using the OWC Thunderbolt Dock with the M1 Air as main studio machine just now (have the 16 MBP on the way).