Luckily photography/videography are my hobby so my decisions don't need to make any sense... so I just bought a new-in-box Nikon ZR & a 40mm f/2, both for 30% off. Same store had a Megadap ETZ21 Pro for half price.
So far having a blast with the camera.. I like the form factor a lot and the screen is just exciting, both the IBIS & AF are easily better than my Fujifilm X-H2s. The H.265 is definitely subpar, but it's still ok for social media use because once it's 1080p on a phone, anything will look good.
You should buy things the way they are now, but I sure am hoping they'll bring a firmware update to bring the H.265 to the same level as in the Z6III.