Wayland seems ready to me but the main problem that many programs are not configured / compiled to support it. Why is that? I know it's not easy as "Wayland support? Yes" (but in many cases adding a flag is enough but maybe it's not a perfect support). What am I missing? Even Blender says if it fails to use Wayland it will use X11.
When Wayland is detected, it is the preferred system, otherwise X11 will be used
Also XWayland has many limitations as X11 does.
In my opinion, that's because X11 lacks proper abstract for many things like screenshot, screencast, color managerment and etc, so the applications have to use many X11 implementation details to implement these features. It leads to high-coupling code with X11 so move their code to wayland and ensuring it works correctly and is consistent with the old behavior is difficult.