I think I've spent ~20 hours and a couple of $100 of Claude Opus tokens in Cursor. So it's not cheaper or easier, but the amount of frustration saved with having proper Emacs keybindings might delay catastrophic global warming by a few days.
Oh, and of course I'm not compatible with all the Obsidian extensions, nor do I have proper hosting for server-side sync yet. All in all, a fool's errand, but I'm having fun.
A major advantage of (certain) extension mechanisms is that you can update them in real-time. For example, in Emacs you can change functions without losing the current state of the application. In Processing or live coding environments, you can even update functions that affect real-time animation or audio.
Another advantage is that they can pose a very nice API, that allows for other people to learn an abstraction of the core application. If you are the sole developer, and if you can spend the time to keep an active memory of the core application, this does not help much. But it can certainly help others to build upon your foundation. Gimp and Emacs are great examples of this.
A disadvantage is that you have to keep supporting the extension mechanism, or otherwise extensions will break. That makes an ecosystem somewhat more slow to adapt. Emacs is the prime example here. We're still stuck with single-threaded text mode :)
I have a small demo video of yesterdays work here: https://github.com/jerlendds/mdi
Theres since been many additions, Ill update the video tonight