Small-format OLEDs are great, but not large-format not yet.
1. Large-format OLED maximum brightness is very low. LG C2 peak SDR brightness is some 425 nits. A Samsung Neo-QLED QN90B does 1200 nits, and an iPhone 14 (small OLED) does 800 nits. In my experience, a room with windows facing the sun with thin curtains require 1000-1500 nits SDR to be comfortably legible. 2000 would be nice to have, but that's not available for the masses yet.
2. That SDR brightness is only maintained for a 10% window, and quickly drops off for larger bright areas. At 50%, it's only 350 nits. The QN90B does 850 nits sustained at 50%.
3. Same panel does peak 6-700 nit HDR, well below the 1000-4000 nits generally needed for HDR content. An iPhone 14 does 1200 nits, The QN90B does around 1700 nits. The high peak is needed to give proper "blinding" effect to e.g. skies or lights, as opposed to just looking like SDR-style bright white surfaces, especially outside a dark cinema room.
4. WOLED, which is the dominant panel technology for large high-end OLED panels, lose color saturation quickly as they approach their (already low) maximum brightness, due to relying on a white subpixel for raw luminance.
5. MiniLED backlight for LCD with 10k+ diming zones - while a stopgap - get dimming artifacts far enough down to be competitive on contrast, while destroying OLED in brightness and color saturation.
Large-panel OLED will beat LCD, but right now it is has many shortcomings. QD-OLED shows significant promise, with latest generations finally starting to see some decent brightness, but it's early (and rtings report both thermal throttling and some quite unfortunate burn-in behavior on those).
And yes, 1000 nits+ for SDR is retina-searing once the sun sets, but for those who have forgotten how sunlight feels I can report that it is quite bright and requires effort to outshine. Something like ambient light control is necessary to adjust throughout the day to not accidentally go blind.