If you absolutely need an IGP for some super compact build, the 8700G is pretty impressive.
But it is priced too high to compete with mid to low end discrete GPU's.
For about $100 less than a 8700G, you can get an i3-12100F
and a Radeon 6500xt, and in this combo the 6500 xt (which is a
really ****ty GPU) will beat the 8700G in most titles.
Get close to parity (but likely still slightly cheaper) and you can get an i3-12100F and a Radeon 6600, and absolutely blow the 8700G away across the board except in certain very specific CPU limited scenarios.
For $30 more than a 8700G, you can get an i3-12100F and a Radeon 7600, and we are not even in the same realm anymore.
Heck, you could also get a 5000 series Ryzen CPU in an AM4 socket, and take advantage of cheaper DDR4 RAM, and get an even better deal, and blow away the 8700G. Not on pure CPU benchmarks, but in most practical real world gaming that doesn't have odd CPU limits, certainly.
But, if you want to build a super-compact Mini Box M350-style Mini-ITX build, where no expansion card will fit the 8700G is pretty amazing:
What it can do, and fit in a package this size (if powered by a PicoPSU and external power brick is) pretty insane...
Just need to find a halfway decent cooler that is intel box cooler height or lower (~45mm) Noctua NH-L9i/a maybe?
Heck, feed this thing 12v from a car directly into a PicoPSU, and a PicoUPS in Car Mode and you have a pretty **** impressive carputer. Just strap it in under a seat or something, and run display and usb to a touch screen mounted in the dash, and trun audio (either on board, or external USB DAC to your head units aux input (or hard wire to amp) and this could be
really cool.