I don't have anything against Redwood per se but I find the collage of those technologies (personally) unappealing.
Looks to me what it is: a "safe", as in common, meshed stack for new teams to develop mvps.
But nothing of Redwood makes me think, "this is the missing piece I was waiting for" as I've worked with most of this stack in various combinations and I think it's a stack that's getting old and is not scaling or getting much better with time.