It’s underrated, but it has so much untouched potential to make it really shine and it is unfortunately still a bit unintuitive to use.
I wonder if it will ever get some love again by the devs, because it’s clear that the focus is 99% on the 3D aspect of things right now and it will most likely be so for a long time to come, for good reasons of course, the advancements there have been astounding and really needed because they’re THE libre 3D animation software, while there are already other established libre video editors out there, so there is less necessity. But I still believe that if Blender was to ever give a refresh to the VSE, it would immediately outclass all the other options