An interesting alternative was embassies project[1], which got WebKit running on an understandable computing base. The current-day equivalent would be to get WebKit running on top of, say, WebAssembly and the Canvas API. That would be immense impactful, but isn't as sexy or cool as writing your own browser from scratch.
That being said, I applaud the Ladybird initiative. Scratching your own itch is the way to go when aiming for maximum enjoyment.
[1] https://www.usenix.org/conference/nsdi13/technical-sessions/...