I believe that blocks will replace widgets at some stage (blocks are widgets really).
The editor will switch to Gutenberg but you’ll still be able to switch to the classic editor if you prefer.
You can format text and there are a number of Gutenberg related plugins that offer extra control.
I’ve been busy creating pages with Gutenberg in order to get to grips with what it can and can’t do. It’s still early days but it does have some very good aspects – Watch this space.
Thanks for the feedback regarding the FB group. Feel free to join in the conversation.
Have a great weekend