Windows "Teletubby Edition"? :-) No, Win2k was "peak Windows", imho.
Frankly MS later ditched the quite ambitious Windows NT 5.0 project, which was the planed Win2k successor, for a Frankenstein monster made out of the super buggy WinME and Win2k. That became Windows XP.
Coming from Win98, Win98SE, WinMe, WinXP was for sure quite good. But compared to the super stable, fast, and well structured Win2k it was quite a disappointment. It didn't have almost any of the advanced features planed for WinNT 5, it was much more unstable and buggy than Win2k, it was quite chaotic with "old Win95" parts, stuff coming from Win2k, and some things on it own placed randomly.
Frankly MS later ditched the quite ambitious Windows NT 5.0 project, which was the planed Win2k successor, for a Frankenstein monster made out of the super buggy WinME and Win2k. That became Windows XP.
Coming from Win98, Win98SE, WinMe, WinXP was for sure quite good. But compared to the super stable, fast, and well structured Win2k it was quite a disappointment. It didn't have almost any of the advanced features planed for WinNT 5, it was much more unstable and buggy than Win2k, it was quite chaotic with "old Win95" parts, stuff coming from Win2k, and some things on it own placed randomly.