> But it's a text editor.

Long time emacs user here (+20 years, yikes). I've used it on all kinds of computers during this time. Even a relatively modest computer from 2024 is an absolute beast compared to something from the year 2000.

With that said, there are text editing operations that can cause it to grind to a complete halt, especially working with large files (or very long lines). And it shouldn't, you know? I think emacs users sort of internalize which operations they should avoid. It's kind of ridiculous to have to do that in a text editor with the massive amounts of compute that our computers have today.