You're absolutely right. It's not better today, For the record, been on Windows since 3.11 and am a Windows Server Administrator by trade.
-Performance is about 30% less than Windows 10. Same hardware, but my CPU, GPU and RAM is getting assaulted. constant hangs on a core 19-10850K, Z490 AORUS PRO AX, 32GB of the best RAM my board can handle, (2) 3.0 NVME Drives (Yes, I know the board doesn't support 4.0) and a GTX 3080 TI. RE4 Remake runs about 20FPS less than previous.
-Security is insane, wireshark shows my PC is sending EVERYTHING. My guess is that this is exactly what Microsoft is doing, your system is mining everything you do, say, or download/upload and sending it back to Microsoft HQ.
-Inability to understand display HZ, resolutions, 4K or 1080p. It doesn't matter, it will consistently flicker and timeout before you can ACCEPT the new display settings in every game. I've been spending a lot of time in INI files forcing configurations to keep Windows happy.
-I have spent more time in the registry and local policy settings screens than my life as a Windows Server Administrator. They made Vista 2, and are FORCING you into it. How's that feel? Oh, you can pay them 30$ and they'll give you another year, but I don't care about their security updates any more. I'm not giving them any more money.