MH, well put and I don’t disagree with you. I can tell you that the Microsoft Project scheduling engine has been or is being duplicated to Project on the Web and that future direction is to convert all key functionality that currently exists with the desktop product. I’m going to assume that key functionality means what is required to convert the majority of users. Step one primary functionality includes co-authoring, integration with O365 and teams, Planner functionality, and the general base product. More to come, will be great, and currently weak…got it.
I think the product has a lot of promise and Microsoft has good intentions on it’s future. The problem is that they are not saying much about near-term plans so it is what it is. Outside of that you need to make the best decision that meets your needs today.