Because hospitalizations, and deaths, trend later than infections, definitive conclusions are still some weeks away. However all the data coming out of South Africa is encouraging.
First, South Africa has about 25% vaccination coverage. With coverage skewing older.
Infections are up [1],but hospitalizations are flat, and so are deaths.
It's likely that the infection rate is grossly under-reported, especially among those without symptoms, as tests are (relatively) expensive. Annecdodally reasonably high percentages of asymptomatic infection is being detected in people being "randomly" tested (eg tested for travel and other-hospital reasons)
It is also crowding out delta, which is still present, but decreasing.
All in all travel bans may have been counter-productive (as well as ineffective) allowing time for more delta infections, and ultimately more deaths to take place.
It's still too early to be definitive, but this may indeed be the varient we all need - one which is super contagious, but also super weak, priming immune systems against earlier varient.
IF (and its a very big IF) this varient is non-fatal, then the faster and wider it spreads the better. We need to super-nova this thing, not a red dwarf.
[1] https://graphics.reuters.com/world-coronavirus-tracker-and-m...