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OTOH, I'm desperate for a tool that's "like Notion, but better", where my primary definition of "better" is that it's not slow/bloated.

If this is lightweight AND has these cool data modelling features then I'm on board.

They’ve started to move their iOS app to native views which has made a big difference so seems like they’re prioritizing performance.

I think Notion made great efforts on this, imo

Seeing what's happened with Figma, I think it's important to have at least one other major player. There's always a market for an alternative to <dominant player>, and they are more suited to smaller companies looking to reduce expenditure that can tolerate a maybe less mature (fewer integrations etc.) and less familiar product, but with a better support turn around, and maybe even a stake in driving product features

Maybe one day! I’d like us to do something like this but it’s probably more than a year in the future.

If it less laggy than Notion, that would already be enough for me.