Moving to 4k screens (200+ dpi) is the biggest upgrade you can do for text readability, and I suggest anyone who hasn't tried to do so and see for themselves.
I recently had the opportunity to switch both laptop & desktop screen to 4k to avoid hidpi switching issues and I'm glad I did. While the laptop's battery definitely suffers, this is such a massive upgrade for your eyes it's completely worth it.
Hinting and AA is still relevant though. I suspect this is still going to be the case until we _exceed_ 300 dpi. As you say, the difference is that now freetype's autohinter is good enough to substitute all hand-hinting, as is grayscale AA removing subpixel rendering issues.
Most of the other text shaping issues mentioned in the article are still a problem though. Text rendering is hard. On top of that, both Chrome and Firefox's text engine are also especially bad at rendering text on a physical pixel grid, which is quite ironic given "text" should be the first and foremost thing they present. FF was quite decent until the webrender switch. Pretty sad.