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Considering WASM supposed better performance and smaller size relative to JS, could Compose WASM (webview based) PWAs be an alternative solution to Compose Multiplatform? I so far considered PWAs far from being worth my time because they just don't perform nearly well enough in my experience. Could Kotlin/WASM potentially solve that problem? Or will all the glue necessary to make Compose work with WASM reduce that performance advantage to zero?

I believe users will ultimately decide that. Companies should give them both options and check traffic. See what happens

"WASM is faster than JS" doesn't mean "a webview running a DOM, an entire browser, an embedded Skia… is faster than the JVM"

I can't be the only one with a philosophical aversion to the idea of all User Experiences becoming derivatives of Web technology.  Never forget that the web is, fundamentally, an online document presentation application.  It has come a long way since, but it's suitability as a general applications platform will always be shaped by this original purpose.

I say this as someone who is super keen to use Kotlin/WASM to deploy Web Apps, they have an important place, as do traditional Desktop Apps.