Yeah, magnetic levitation is the exact opposite of magnetic separation. Magnetic levitation switches are basically just linear switches that get harder to press the farther down they get.
Magnetic separation switches are the opposite: The force is strongest at the start but then gets weaker the farther down the key travel you go. Here's a force curve that I've measured for my 3D printable magnetic separation switch:
Yeah it's just the end of the road, as it were. At the end the keycap, stem, and switch body start to compress so there's some give before the super fun explosion.
In my little bit of searching, most people seem to be saying they like it (many a lot), and most of the dissenting opinions seem to be more about the very low key travel (0.7mm), which is merely something that the maglev keyboard made possible and more bearable, rather than something fundamental about magnetic switches or movements (whichever it is).
(I’ve never seen one of these keyboards or even heard of them before, and am thus speaking from an uninformed position.)