FWIW, I’m typing this on the latest GNOME, on wayland, on nvidia proprietary drivers; and it works just fine — EXCEPT for suspend & resume, which is annoying to be sure; but on 2 screens with different refresh rates & different dpi ratios I at least don’t run into some of the weird behavior I do run into using X11.
I used to be an Xfce purist; but this particular setup is even less taxing on the GPU (GTX 970) compared to Xfce’s standard compositor (around 20W on light usage, vs. 35+W); & and the font rendering is slighly better, which is a huge factor AFAIC.