This looks like a lot of work for what amounts to very little end-user benefit. Honestly, I'd rather see more progress on the Emacs Lisp/Guile migration than on a putative C/Rust migration. At least with the Guile switch, it's something that will have an obvious (and probably positive) impact on the people that use the editor.
https://github.com/Wilfred/remacs/issues/66
I mean why not do it properly if it's not an hostile fork.
But sadly, the lead-dev seems to have made up his mind. Being a nOOb with emacs I'm in a position to judge the reasons though.