It depends on what circles you're in I suppose. But I suspect you're right for most people that dislike it. For some of us it's the Chromium engine it runs on, and/or the company it comes from.
Edit: So more ideological reasons. I imagine the browser itself works fine.
Yeah you're right. I can see and I respect people's reasons for not wanting to use windows / Microsoft products.
I just wanted to point out this as I think many people still consider edge as a bad browser. At least in my experience it works really well and I personally like the style it has and overall the "windows 11 aesthetic" Microsoft is choosing for their products.