I don't see much of the point of doing this with a text editor, but I can imagine some other applications where it'd be useful to dedicate 100% of the system resources to a single application.
Gaming, for example.
I wonder how hard it would be to boot directly to a wine/proton + graphics & I/O drivers + game environment.
Most games make so much use of OS-level features (especially Windows APIs and their analogues under Wine/Proton) that a minimal system for running a game wouldn't be that much slimmer than an OS.
All you would really drop would be the window manager - and you can start X directly with a single application on Linux anyway.