I think the general consensus on the threads about On1 and the all-in-one raw conversion environment is that it has always been slow and not particularly efficient to use. Some people like the workflow and the results, others do not.
I originally purchased and tried to use Photo 10 and the first couple of iterations of PhotoRaw (v1 and v2017). I purchased these apps because I am just the kind of person that likes to try new things and push them to their limits to try to make them fail. The software never really worked well, despite the forceful marketing push that claimed a lot of things and was aimed at people who were turned off by Adobe's move to a subscription-based model. After a couple of upgrades, which I had to pay for, and feeling like I was essentially paying to be a beta tester, I stopped wasting my time. I never really used the software because it simply did not work with my workflow and took so much longer to use (even switching between modules within the On1 environment was painfully slow). I will emphasize that I do not need a DAM for my work, and perhaps On1 have really nailed it with their DAM model, so I cannot comment on that aspect of the software. Also, I have not attempted to use it recently (in the 2020 version). I would, therefore, download a trial before making any decision about buying into the most current On1 ecosphere.
I think the not so talked about aspect of the On1 software model is the money they charge for things like a subscription (ironic) to their user forum/knowledge base, and the non-stop charges for upgrades. The nickel and diming for what seems to be a perpetually unfinished product pushed out to users to beta test for a fee might turn you off, regardless of how good the results are. However, if you are paying for admittance to this community, then that might make you feel like you have a level of exclusive access that gives you value for the money. It's really up to you.
Nowadays, these hobbyist apps are all trying to carve out their particular niches to compete - Topaz has gone all-in with AI everything, Luminar has their automated face retouching and sky replacement thing, etc. Who knows what On1 will try to do to differentiate itself - it has always been a LR clone with filters on the back end. Maybe they will find some tool or approach that will attract users amidst all of the other nurnies and farkles offered by competitors, but if their goal is to emulate and outperform LR, then they still have a lot of work to do (I do not use LR regularly, but I do use ACR occasionally and have for a long time).
Like @PictureNorthCarolina, this is just my opinion - I think if you search the previous threads about On1, you will find that both of us have expressed these sentiments in previous threads.
The TL/DR version: Jack of all trades, master of none.
Kirk