On the positive side, the use of P2P and IMAP makes censorship difficult, which is a strong advantage in authoritarian regimes. However this comes with serious trade-offs. PGP lacks forward secrecy: if a key leaks, all past messages can be decrypted. Also IMAP offers no metadata privacy, anyone can see who you email and how often. Signal and WhatsApp are likely a step ahead in terms of privacy with their double ratch…
edit: I was wrong, Delta Chat now has forward secrecy from v1.48: https://delta.chat/en/2024-11-20-webxdc-realtime Furthermore metadata transparency can be made less problematic by using email aliases.
now what's interesting here is a potential future development of deltachat where SMTP is only used to negotiate the peer to peer connection, and the actual chat messages are sent over the direct connection. although it sounds kind of weird to build a chat solution on top of SMTP and then bypass SMTP in the end.
the remaining benefit would be the ability to talk to people who don't use deltachat. not needing another account on a new service. not needing to develop or maintain server infrastructure.
wait, in a way it's already there: https://github.com/ArcaneCircle/live-chat
now adapt that to storing messages... ;-)