I was being a little tongue in cheek, and my "basically" was doing a lot of heavy lifting. VSCode is electron based, so under the hood it's already doing the heavy lifting. It's got a first class editor, first class terminal, first class plugins developed using web tech, very easily and readily debuggable.

It has a browser built in, which is "just" an iframe, and it definitely doesn't function as a full blown web browser, but it does work for previewing your dev work, and given it's a dev tool it makes sense that the experience would be editor+debugger+tools first, with browser as a second class citizen (rather than chrome with an embedded terminal which would be the other way around).