This blog post from MS is nearly a year old. During that time, my experience with OneDrive on my mac laptop running Monterey has grown steadily worse. I really liked the old (pre-OSX-version-12) OneDrive that allowed the option of keeping all files local all the time without having to "pin" everything.
In the last 24 hours, I reached the limit of my patience. Among the myriad experiences preventing me from doing my work: (1) A colleague emails me a PP document, which I modify and resave under a different name. I try to reply to my colleague and attach the new file BUT OUTLOOK CANNOT SEE IT; it will be over an hour before I'm able to attach this file even though it is saved locally on my machine. (2) I download a .csv file from the web to edit using Excel but EXCEL CANNOT SEE IT; again, it will be a long time before I'm able to get on with my work even though once again, the file exists on my local machine.
Jack Nichols from MS: I have no idea why you claim this is "the right long-term path forward" but your team has had more than half a year to address the legitimate complaints from the commenters to this post. Yet the problem has only gotten worse as far as I can tell. I'm taking steps to get rid of OneDrive and I will tell anyone who asks me exactly why I made that decision. (Losing the ability to sync my two macs will be quite inconvenient for me, but less so than continuing to use OneDrive.)