As a video editer the fuctionally of ExFat compared to Fat32 isn't even close to what I need them for. Fat32 can't store files larger then 4GB which is basically 99% percent of 4K videos that I deal with.
I would have preferred either a minimal update extending FAT32 to FAT64 (sort of like the extension from FAT12 to FAT32), or a better filesystem with journaling/etc.