Once proper wide color gamut and bitdepth support is added, it’ll be even better, as the monitors are 10-bit Rec.2020 and 8-bit sRGB. Which under X11 isn’t even possible to support, as again, Xorg only sees one single screen it’s drawing on, and it’s up to the lower levels of the stack to split that.
EDIT: Answering the most common question which is asked all the time as my comment is getting some visibility here:
Now why does wayland break screenshot and keyboard tools? Because "every program is a keylogger by default and can see any event, look at the contents of any window" is a major security issue, especially as it means the entire security model of screen lockers or containerized applications is useless.
Under X11, basically every application you run can trivially escalate itself to root. As even your Zoom client can just listen to your key events when you unlock your screen or use sudo in your terminal, save your password, and tada it can elevate itself. Under X11, there is no security whatsoever, and no separation of privileges.
EDIT2: Why is sandboxing applications important? (a) more and more proprietary software is also released for linux, which you probably shouldn’t trust. And (b) if e.g. your XMPP client is compromised, you don’t want the attacker to gain root.
EDIT3: Yes, screenshot tools and screensharing still works. I can use KDE Spectacle under Budgie or Chrome, and Slack, Teams, Discord, Jitsi all work just fine. OBS requires a patch, but also works nicely. It’s not impossible, it just requires software using it to be updated.