Biggest concern I have was the same I had with AVIF a couple years ago, which is hardware acceleration on the server side. I attempted to roll out AVIF only to find out the encoding time was so long that sync calls were timing out due to queuing. It's gotten a lot better, but just know that all of these newer formats really do need more compute. It may not be worth the cost tradeoff vs webp until encoders are baked into chips.