I've been playing with the option in macOS to hide the menu bar as well. The extra screen space is significant to me. The one draw back is that I have a habit of glancing up at the clock from time to time. Now, that's hidden, and I find myself totally losing track of time. Not such a big deal now for WFH, but I do spend more time on things than I would if the clock were still in view. Other than that, I don't miss the menu bar either.
On the left and hidden. Code and English documents are top-left biased, so this position means as well as being near the menu bar it's typically closer to your pointer position than the bottom is. Also, I like to add my Application folder to the dock as a more-compact replacement for Launchpad.