They hold the races in cities instead of "real" race tracks, which I guess is cool if that's your home town but as a (lukewarm) racing fan I would rather see tracks I know. I wonder if they also want to avoid comparisons with ICE race cars. The Gen 2 Formula E did 0-60 in 2.8s... which is achievable in some ICE street cars. Hopefully the Gen 3 is more impressive.
I believe the biggest reason they are in cities now is that the battery capacity/tech just isn't there yet for something like Spa or COTA for the distance and speeds required for an interesting race. City courses allow for a design that offers a lot of regenerative braking.
Another reason to host them in cities is that cities are great for fans. Lots of hotels, restaurants, people buy tickets, etc. Cities are likely more open to Formula E due to the quieter cars and lower pollution too.
So, not useless, just maybe not interesting to you.
I'd bet FE has similar arrangement - no one wants obvious comparison with an obvious loser by some metric.
As a comparison, the FE pole time was 1:29.839. Last year the F1 pole lap was 1:10.346.
https://formularegionaleubyalpine.com/corsa/monaco-2021/
(This is really Formula 3 https://en.wikipedia.org/wiki/2021_Formula_Regional_European... )
To back my statement: if you look at the race times for the last 20-25 years F1 cars didn't get any faster at completing a race. They got faster at completing a qualifying lap so we could say that current cars are built to run hot laps and have to enter into a slow mode to run a race. BTW that cost billions of cumulative engineering efforts. If somebody tells Dallara to build 20 copies of a Ferrari F1 car from 2004 (Ferrari won 15 out of 18 races that year) you'll have a v10 series much faster than any IndyCar or F2, only slightly slower than current F1 and it will cost a fraction because of the reasons for IndyCar costs a fraction of F1.
Formula 1 2019 and 2021: 1:32.029, 1:32.910.
Moto GP 2021: 2:02.781.