TLDR: Microsoft worked with Intel and AMD to develop Pluton which is basically a TPM chip designed to prevent running non-microsoft approved software. It will likely make it impossible to boot un-approved linux distros, bsd, and likely will make it very hard to run any un-approved software in the future.
This CPU "feature" is very likely to be a requirement for Windows 12 in 2024. Meaning nearly every computer available will have this and the majority of manufactures will not allow you to unlock the bootloader.
Similar situation to running LineageOS or PostmarketOS phones. For now, it can be "disabled" in bios on most of these computers, but that's simply a choice the OEM is making and will no longer need to make once this has become prevalent without any real pushback.
ya, it's a bit title dependent how well things work, but a whole lot of stuff works just fine with minimal fuss (steam has an option to 'run with proton' built in to the UI for linux version)
if you have specific titles you play regularly, protonDB is worth a look to see how they run
I've been happy enough with the selection for a few years now