I mean...points for doing some surprising stuff but Peter Parker as Hawkeye is random even by What If standards. Did they just spin a wheel of random pairings they could do and just call it a day ?At the 6:58 minutes mark in this video, they also mention there's apparently an episode with Tom Holland as Hawkeye.
It's kind of funny how this was posted last year in July when the show was officially announced, though I haven't seen it mentioned here or anywhere else until recently.
I'd think a more obvious "What If" would be "What If Peter Parker succeeded Tony Stark as Iron Man," at least if we're talking the MCU interpretation .