I investigated wasm as a scripting engine (not a compile target, which is a orettt great use case for wasm) and the thing that killed it for me was how difficult it was to do zero-copy host-wasm memory sharing. Wasm is designed to be sandboxed and breaking those guarantees is hard. The problems I hit were: 1. Many languages (AssemblyScript, Grain) expect to own the entire linear memory, so even with WASM shared memory, it isn’t safe to actually use it unless you jump through hoops (eg use AssemblyScript GC functions to allocate and pin memory for host use), 2. WASM multi memory promises to solve this by letting you attach additional separate linear memories but neither AssemblyScript nor Grain support it. Additionally the wasmer runtime doesn’t yet support it.
I didn’t investigate whether Rust or Emscripten had either of these issues (I assume not), but they felt like a poor choice for “scripting”. I also didn’t investigate using V8 or other JavaScript engines to run wasm.
I guess the performance depends on how much you have to serialise. The ideal is to work in SharedArrayBuffers directly on linear structures of primitives and avoiding serialisation altogether. I did this for a (JavaScript) particle system where the simulation is in a web worker, that way you can achieve zero copy and it’s fast. But yeah once you have to cross the boundary and convert those or copy data, performance is hurt quite a bit…