It seems like the core things that Anki needs are new user experience improvements, and algorithm updates. SM2 really shows its age as compared to other algorithms.
That said, even SM-2 is probably vastly superior to just not doing SRS at all.
They state in contrast:
We do not dismiss the work behind FSRS. It is a commendable open-source effort and a marked improvement over ancient algorithms like SM-2.
For context, Anki uses SM-2's algorithm (albeit apparently heavily modified for various special cases) if FSRS is not enabled.