OTOH steam launcher has a lot of features not related to playing games: friends, items, achievements, forums, workshops, screenshot sharing... Useful for some but not for all. Is that not the definition of bloat?

And the library management is pretty basic. And the whole thing is slowwww. Especially, if you don't know what to play and need to look at multiple store pages to figure out what those games are about. I switched to Playnite