Definition of a NISQ device with respect to qubit counts and error rates

How do we define whether a device is a noisy intermediate-scale quantum (NISQ) device with respect to number of qubits and their error rates? Does it make sense to do this? I believe I once saw a definition of a NISQ device as one with on the order of $n le 10^5$ qubits and single qubit error rates on the order of $epsilon ge 10^{-4}$ – are there any references that attempt to define the ‘intermediate-scale’ part of NISQ? As far as I’m aware, John Preskill did not provide any explicit definitions (this seems to have been prudent at the time, perhaps it still is).

Attempting to unpack things a bit, it seems that a NISQ device must be one that is designed to leverage noisy, not logical (error-corrected), qubits. If we are to believe that, then the obvious question is how many logical qubits do we need to justify entering the fault tolerant quantum computing (FTQC) regime? Do we require a quantum supremacy experiment on a FTQC such as the one demonstrated by the Google-led collaboration or does a more appropriate alternative exist?

Let’s say that the we answer the latter question in the affirmative and assume 53 qubits is sufficient to realize an equivalent quantum supremacy in the FTQC regime (i.e. 53 logical qubits), can we estimate the transition from NISQ to FTQC to meaningfully occur once a system capable of error correcting the $n$ number of noisy qubits with single qubit¹ error rate $epsilon$ to yield 53 logical qubits capable of completing a similar RCS task with XEB benchmarking? If so, what do we estimate the order of $n$ noisy qubits and $epsilon$ error rate(s) to be?

Another way to think about this: What would an update to this 2018 graph from Google AI Blog look like?

Any answers which explain the current state of thinking with respect to the question would be fantastic.

---

_{1. Setting aside that single qubit errors are far from the only errors we’re concerned with.}