Really, what it should come down to as an individual is that all of the x11 devs left to work on Wayland because x11 is unmaintainable.

Use Wayland if it works for you, if you find something that doesn’t work, go back to x11 and find the issue tracker and switch back if you care for the benefits later.

The benefits:

1. A better security model
2. More efficient rendering
3. Better animations
4. Better support for multi displays (mixed refresh rate/dpi)
5. HDR (soon)
6. Better color management (soon)

The only problems I have currently is sway doesn’t support single window capture and the XWayland clipboard isn’t great.

The pros and cons boil down to wayland has no awesomewm-like window manager and Xorg has, well, awesomewm…

Many users seem to think that the only problem is nvidia, but it’s not true, app compatibility is still a very noticeable problem sometimes.
For example, as far as I know there are still no on-screen keyboards, except for those integrated into desktops, if they have them at all.

One pro of Wayland is better multi-monitor. X11 can’t really handle mixed refresh rates, nor multi-monitor VRR, and per-monitor DPI scaling isn’t easily done. Of course, Nvidia doesn’t support Wayland VRR yet, nor does GNOME, but Plasma or wlroots on AMD should work. Wlroots btw is the Wayland compositor library e.g. Sway and Hyprland is based on.

Forced vsync has been a problem for gaming on Wayland, though that’s in the process of changing due to the tearing protocol, at least on Plasma and wlroots, doesn’t seem like GNOME has picked it up yet.