I have one, a 500GB model, and no, it doesn't come close to 7000 cycles.
600 cycles is actually pretty normal for a TLC SSD with DRAM, it matches the 2TB models of the SN850X, P5 Plus, KC3000, P44 Pro and 990 Pro.
edit:
source for 7000 P/E cycles that I used. Accuracy taken in good faith, though possibly a shady website that I wouldn't recommend reading
That's interesting, though it's VERY important to realise that PE cycles and TBW are NOT the same metrics. You have to multiply by write amplification which is a factor of how many times 1 bit of data is actually written to NAND for things like garbage collection, page re-writes for small files, page refreshes to prevent voltage drift, and other undisclosed housekeeping. I remember in the early days of MLC SSDs like the X25-M, write amplification was about 5x, so 7000 PE cycles would be about 1400 full drive writes. That was massively improved by SandForce controllers which boasted WA values of under 3x, effectively squeezing ~2500 full drive writes from the same NAND.
Has write amplification become far worse at the same time as NAND PE cycles going down? I'm happy to be corrected, it just seems odd that technology has regressed rather than progressed since the old Sandforce days. It's also entirely possible that the warranties are just ridiculously understated compared to the drives' actual endurance - the same way cars are warrantied for 3 years or 50,000 miles, even when the overwhelming majority of those cars will still be on the road a decade later at 200,000 miles....
Interesting, I was eyeballing the 870 Evo 4tb as my documents drives since the random read performance on my NAS is not sufficient (and keep the NAS drives as backups). If the Samsung model is so bad, what else would you recommend, with a similar price but better reliability?
When I was building my own NAS solutions from Supermicro servers, I'd look for MLC options like the 970 Pro. They are supposed to have vastly better endurance than TLC and QLC drives. I've since bought pre-configured QNAP NAS solutions and the various suppliers/configurators have picked 980 EVO which is TLC and they're too young to say for sure but so far their SSD health appears to be degrading at comparable, though slightly faster rates based on the SMART values and firmware.
Realistically, if it's just home use for documents, you don't have to worry about endurance. I deal with SMB hardware mostly which is more like Prosumer/Enterprise use-cases. I'm talking about a RAID1 SSD cache of 2TB SSD capacity overprovisioned for improved endurance, and backing hundreds of Terabytes of data on mechanical drives, running 12 data syncs a day that typically result in 30-90GB of new writes every sync. Call it ~500GB a day and the drives ought to die at around 3 years old, compared to the MLC models which are expected to outlast the useful life of the NAS and mechanical drives.
TL;DR if you are a single user you don't have to worry about endurance. If you are an office of 50+ people creating content then yes it's going to be an issue. This is why Enterprise SLC or MLC drives exist but they also each cost as much as the whole NAS build with a full complement of mechanical drives and two prosumer/consumer 'disposable' SSDs that will likely need to be replaced part way through the NAS' lifespan as all the NAND is expected to wear out.