Sorrry @JamesDesign I don't agree simply because what you have listed as motivations should be the minimum you are doing as part of your strategy, and at least when taking aim for organic listings, you can be sure the websites positioned near the top, will have ticked those boxes.
Therefore in a search results landscape that is level across all the important metrics, CWV is going to be the next frontier for making the grade. And therefore critical.
By around mid-september we are going to have a lot of webmasters looking at year on year comparison and find that there will or will not be traffic drops. If the latter we know that CWV is going to have less impact, but after nearly 22 years in this SEO saddle, Google always delivers on anything to reduce the flow of free traffic, to address their advertising model, so I have no reason to think CWV will not be important.
G.
