I think generic value parameters have kind of gone a bit under-the-radar next to variadic generics, which are much sexier, but they would give us tremendous capabilities for any kind of wrapper which includes a closure. As things stand, you can get significantly better, more efficient wrappers than any general-purpose type by copy/pasting the implementation and swapping the closure for a function. In a project I'm working on, I did this with LazyFilterCollection and saw enormous performance improvements (I assume because the compiler didn't need to retain a closure, and generic specialisation told it exactly what the filter predicate was, so it could inline it and optimise around it).
Just re-ran my benchmarks
benchmark column baseline latest %
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Constructor.SpecialNonFile.AverageURLs filtered std 31.94 22.33 30.09
Constructor.SpecialNonFile.AverageURLs filtered iterations 20704.00 5217.00 74.80
Constructor.SpecialNonFile.AverageURLs filtered time 59565.00 250315.00 -320.24
...
Constructor.SpecialNonFile.IPv4 host filtered std 33.79 40.77 -20.64
Constructor.SpecialNonFile.IPv4 host filtered iterations 26756.00 8477.00 68.32
Constructor.SpecialNonFile.IPv4 host filtered time 46838.00 154797.00 -230.49
...
Constructor.SpecialNonFile.IPv6 host filtered std 29.79 28.72 3.62
Constructor.SpecialNonFile.IPv6 host filtered iterations 22074.00 7611.00 65.52
Constructor.SpecialNonFile.IPv6 host filtered time 57169.00 168267.00 -194.33
"baseline" is using my copy/pasted lazy-filter, "latest" is using the standard library's one. It's anywhere from ~200% to 300% slower to use the standard library.
I'm not sure how widely-known this issue is, or how the core team rates its severity. Personally I think it is more pressing than variadic generics, such that it's probably worth holding off on touching the lazy collections until they can be fixed.
As a bonus, generic value parameters would mean we can finally make @lazy a property wrapper, without having to actually store a closure inside of it.