iA Writer is a one the best text editors I've ever touched. It happens to have tools for linking and searching notes, but that's not the brilliant part. Writer's data management feels to me like methods to navigate around to the note I want to writing. Also, it's a "Mac-assed Mac app", looks and feels exactly like it belongs on my desktop, plays nicely with all other Mac apps, and couldn't be faster or more responsive if it were hand-coded in assembler.
If I want to store and search notes, I'd probably pick Obsidian (although I'm currently using Bear Notes for that). If I want the best writing environment I know of, I'll reach for iA Writer every time.
While obsidian is getting more and more of my knowledge, all focused post authoring is happening and will happen in iA.
I think there is something that makes file organization easier in Obsidian. I have a plugin that creates a new note for each given week. And it feels easier to navigate a bunch of files without the descriptions/first few lines of the doc.
EDIT: And this thread has encouraged me to second guess myself about some of these things and there's a setting to remove descriptions in the library. Maybe I'll try picking IA Writer back up!