I've been extremely impressed by remote development. I'm now using a remote VM as my primary development machine, and it required basically zero fuss to get it working. Once I got the dev repository to run on the remote machine, everything else "just worked." My only complaint is that I cannot use remote containers from within a remote SSH session. All our apps are containerized, so I would like to "open folder in container" on the remote machine (in order to get full intellisense); but I cannot figure out how to do this (I've tried SSH forwarding the docker socket). It's not a deal breaker for me though. I work around it by installing the libraries on the host as well, to get decent code completion.
It has been HUGE for productivity to move to remote development. Our stack takes up ~6gb of RAM and can involve 20+ containers running simultaneously, each with bind mounted source code. This was a real drag to be running on my 2013 Macbook Air (many problems with Docker for Mac and bind mounts that cause high CPU usage), and it seriously affected my productivity. It's amazing to have the stack always running remotely so I can context switch into it immediately after opening my laptop. And my laptop doesn't sound like a jumbo jet taking off anymore, either.