I love the idea of Parcel but I've struggled with a number of non-obvious problems when using it on hobby projects.
° Sourcemaps not working (wrong files / no source translation)
° Randomly losing exports (a module with multiple exports where one of them ends up as an empty object - fix by clearing cache and restarting)
° Errors like "module 71b not found"
° Hot module reload enabled by default, meaning that all top level code runs again when you reload the code (e.g. here's an extra canvas in your dom)
My preferred zero config setup for hobby projects has become [1] and a live reload server[2].
If I'm working on a React project then I will always use Create React App when I can[3].
When I take something beyond the hobby stage and into maintaining it as an ongoing project, I use TypeScript Quickstart[4]—to abstract the underlying Webpack config and start writing code immediately.
I'll only reach for Webpack when I know that I need more flexibility than any of these other tools offer—which isn't very often.
[1]: https://jakearchibald.com/2017/es-modules-in-browsers/
[2]: https://github.com/tapio/live-server
[3]: https://github.com/facebook/create-react-app
[4]: https://github.com/danprince/typescript-quickstart