I upgraded from i7-2700K to i7-13700K at end of 2022. I mainly did it as I bought a 3080 Ti to replace my 1080 Ti and didn't want to severely bottleneck it. And yes I did run the 3080 Ti with my 2700K for a few weeks.
If you need the upgrade now then upgrade now. There will always be something newer/better on the horizon. Unless there is some specific feature that Arrow Lake has that you absolutely need, there is no real reason to wait imo.
I upgraded from i7-2700K to i7-13700K at end of 2022. I mainly did it as I bought a 3080 Ti to replace my 1080 Ti and didn't want to severely bottleneck it. And yes I did run the 3080 Ti with my 2700K for a few weeks.
If you need the upgrade now then upgrade now. There will always be something newer/better on the horizon. Unless there is some specific feature that Arrow Lake has that you absolutely need, there is no real reason to wait imo.