Sean_Breddy - regarding the multiple exams... while I agree with you, having been through the era of Win2K certs and earlier, the problem is that today multi-exam certs aren't the path that people will go on with the same enthusiasm. Microsoft has to respond to what's happening in the market in general, and to me this just looks like the M365 certs are catching up with what the Azure exams went through with consolidation with exams in the AZ-10x and AZ-30x series.
While I think the Azure certs motivation to change was that people were choosing to do one AWS exam to earn a cert vs. two Microsoft exams to earn a cert. I don't really think the M365 certs have the same kind of external competition as the Azure certs do, but if someone wanted a Microsoft cert, doing one Azure exam vs. two M365 exams would definitely be way more appealing to some people, taking into account the preparation time and costs involved.