Easy to self-host and probably less expensive to host than all the MS Office licenses used for MS Teams or paid Zoom licenses. I set up Jitsi Meet months ago and all I ever had to do was to add user accounts using prosody on the server (which should be improved imo). I've not needed to touch anything since first setup, except for user accounts. It just works. What's more is, that some solutions like MS Teams still is not able to properly work on all browsers. While Discord has solved this problem for ages and Jitsi Meet simply works in all modern browsers. I have a hunch, that with MS Teams there is active unwillingness to make it work properly. How else can this be explained?

Yup. We use this for every meeting at my local hackerspace and it's been great.

Bonus: it tells you when connectivity issues are on your end or someone else's end, everyone's network stats are visible.

Used it once, host shared the screen, never seen anything what they have shared.