I don't hear a big difference between ANC off and "All day" ANC modes and I haven't used Max ANC mode often enough as of now. "All Day" ANC seems sufficient for everything I do around here, I guess.
Agree that an EQ would be fantastic but I'm happy with how the stock sound is. I definitely prefer it to the stock sound of the WF-1000XM4. However, the XM4 sound better when EQ'd for me.
Audio feedback when switching modes is fine for me but I agree that the modes could switch quicker!
The price is really high but I love so many things about them (case, design, fit/comfort, battery life, sound, buttons etc.) I will keep them as my daily driver. Haven't found a better package for me yet. The XM4 come close but they don't fit as good/are not as comfortable and the case is way cheaper + you always have to sacrifice one feature as you can only assign two to the buds (in my case it was volume control e.g.).