Basically all AAA games will run relatively smoothly (30-60fps) with low-midrange dedicated gpus which is effectively what the M1 performs like on paper (I think it's in the ballpark of the NVidia 1050/1050ti/1650).
You just have to lower the settings and resolution to get that smooth performance - think base model last gen console/nintendo switch levels of visual fidelity rather than up to date gaming pc/current gen console levels of visual fidelity.
It's kinda fun squeezing performance out of woefully underpowered hardware - LowSpecGamer on youtube is a channel dedicated to this kind of stuff.
Box64 actually comes quite close to Rosetta in terms of translation speed and apparently that's with optimizations which have yet to be implemented[0]. Would make sense to just use that instead.