I like it more than the conventional PC keyboard layout, it makes Esc and Ctrl more easy to access, and means you can press Backspace without having to stretch your pinky as far.
Now, if only there was a track-pad or -ball
Some programming languages type constants in UPPER_SNAKE_CASE. -- The same rationale applies: it's easy to understand why someone would prefer to avoid having to hold a modifier key for that. -- I quite like Caps Word as an improvement on CapsLock https://docs.qmk.fm/#/feature_caps_word
Though, I'd agree that CapsLock isn't important enough to put where it is on a traditional keyboard. (Nor does the spacebar need to be 6 keys wide..).
First time I have ever used caps-lock for it's intended purpose. It's surprisingly liberating. I RECOMMEND GIVING IT A GO, IT'S LIKE THERAPY. Maybe we should go in the opposite direction and add even more dedicated keys for all forms of cringe-mode typing - leetspeak, texting, emoji-poisoned, valley-girl, German etc.
GPT powered politeness toggle maybe?