Zed is being praised for its high performance and speed, with many users noting its efficient rendering system (GPUI) built in Rust. Users appreciate features like the problems/errors view and native Git support, which enhance productivity. However, feedback mentions challenges with the AI panel and issues with text clarity on certain monitors. Users are exploring alternatives like Cursor and custom solutions due to differing preferences and experiences with Zed's UI and functionality. Accessibility concerns, especially for screen reader users, have also been raised, indicating a need for further development in that area. Overall, Zed's innovative technology poses significant potential for transforming software development workflows, although improvements in UI and accessibility are necessary for broader adoption.