There's a neat compare-and-contrast someone did awhile back on the gap buffer approach vs. the other approach often taken for code IDEs ("ropes"). The tl;dr is that gap buffers are actually really performant for a lot of cases except for having to edit at a lot of randomly-chosen cursor points far apart from each other (but how often is that your use case?).
https://coredumped.dev/2023/08/09/text-showdown-gap-buffers-...