Manjaro uses Wayland with Gnome out of the box and I've been using it for nearly a year on and off. I have a cheap Samsung laptop that I bought to run it which replaced a broken macbook that I've since replaced. I used Manjaro as my daily driver until recently. Mostly I'm pretty happy with it. Gnome isn't perfect but it is widely used. With at least some distributions now defaulting to Wayland (usually with Gnome), things are getting usable. So, I just went with path of the least resistance and ended up with a usable laptop.
The touchpad configuration is indeed a bit sucky in Gnome. I actually connected an Apple magic touchpad at some point (version 2). Aside from the bluetooth support in Linux (which is pretty terrible and seems to not work reliably), it worked really nice with this setup once I plugged it in with the usb cable. That made me realize an important thing: most non Apple touchpads are pretty terrible and need extensive software hackery to compensate for just how terrible they are. The quality of that hackery varies widely between different drivers and hardware suppliers. The Apple touchpads are great on Linux; on par with the experience on MacOS (aside from bluetooth, which is nowhere close to that). In the end, I bought a wireless mouse and problem solved (after jumping through some hoops to get that working). But technically these are not Wayland issues.
And things like screen sharing in various video call tools needed a bit of work before they started working. This too is technically not a Wayland problem but it is bloody inconvenient if you are trying to attend meetings for work. I eventually managed to sort these issues out and have used meets, ms teams, slack, cisco webex, zoom and probably a few others. I struggled with Discord.
Generally the biggest issue in this space is just the wide variety of independent and poorly integrated stuff that all needs to come together for things to work flawlessly. You need a login thingy, a window management thingy and a compositor. And then you need various cruft for making the sound work, Bluetooth, and all the rest. And they all point fingers at each other when things don't work. Getting recent versions of these things definitely helps though. So use a Linux distribution with rolling updates. And use something more mainstream.
With X windows this is actually the same deal except the dust has kind of settled after a few decades to the point where it mostly just works or fails in ways that can be fixed with a few text file tweaks. So, Wayland has probably gotten to the point that with the right hardware, things mostly just work. But your mileage may vary. But that has always been that way with Linux.