"She" is a tiny unicellular bacterium and she is being reported as being made from scratch by men playing at being God.
But this first artificial organism wasn't really hand-assembled from component atoms. And it certainly wasn't designed from scratch. They copied the genetic blueprint from a naturally occurring microorganism, made up a single strand of DNA about half a million base pairs long, by using yeast as an incubator, and then inserted the resultant "chromosome" into a third naturally occurring microorganism from which they had removed the existing DNA. And with that Igor lived, and has gone on to have a billion children.
So it's another rung in the scientific ladder but it's not quite the breakthrough the press are reporting. The scientists don't actually understand how all the DNA they have assembled works. Designing a creature from the ground up would be the giant leap forward.
And once you can design and build a one-celled creature from nothing you can effectively make any life form you want. Even a blue whale starts life as a fertilised single cell. Once you've built that cell the rest is mere gestation.