Prolly trees allow you to store history independent data which is trivial to sync, diff and merge, regardless of insert order, merge order or originating peer. A Merkle DAG layered on top of prolly trees (event reference prolly tree roots) gives you causality so that peers can agree on a common view of history. So it's very useful because you can check integrity and travel in time, but you can keep as much of it as you want, because it's not necessary for constructing the current state. Prolly trees give you the current state and the easy syncing, diff,merge. So you can truncate the history as needed for your use case.
For a production ready implementation of prolly trees you can check Dolt. For a combination of Merkle DAG (https://github.com/storacha/pail) and prolly trees you can check https://github.com/fireproof-storage/fireproof
You might also be interested in Alex Good's Beelay algorithm: https://www.youtube.com/watch?v=neRuBAPAsE0
So my initial comment merely tried to make the point that there is a design space where you’re not stuck with the tradeoff of carrying the full Merkle DAG history just to be able to reconstruct the latest version of your document.
Thanks for the video, will check it out!