Yup. It's been particularly bad since around 2023/2024 and only got worse with all the AI crap, though I think that's been almost a useful scapegoat for them recently
On my MBP M4 or my Linux laptop, I never get the impression that it's bloat.
Prior to using IntelliJ I had been a Eclipse user and I've never experienced even 5% of the pain I had with Eclipse since moving to IntelliJ.
When everything is going to shite, I welcome with pleasure my yearly invoice from JetBrains, thinking that, at least, there is a company pushing quality software that deserves my money.
IJ is great for JVM langs.
Sure one can cross-use the above, but that's harder.
Still great to have an IDE agnostic Kotlin LSP!