The downvotes are because "this reasonable point of view" is also an ignorant one.
Emacs just cannot be Emacs without Lisp. Emacs is a Lisp machine; it is tightly integrated with Lisp and needs Lisp to operate. Lisp is at its core principal model.
There are a number of different types of applications that are significantly more difficult to achieve with a non-homoiconic language; check out Hyperfiddle/Electric, there are some videos with demos. Why do you think there were so many attempts to re-create something like Org-mode, yet none of them were hugely successful?
For starters - the Lisp REPL has some significant differences; it just doesn't work the same way as a REPL in, e.g., Python. In Lisp, you can send any piece of code without any prelude or ceremony directly to the REPL. That REPL instance can even be on some remote computer, like a spacecraft millions of miles away (I'm not making up this shit, NASA did it at some point)
Anyway, Emacs is Emacs because of Lisp, not because someone on a whim decided to use Lisp instead of, I dunno, Pascal. Trying to build Emacs on top of some non-Lispy language is futile. It won't be Emacs. Sure, it might be to a certain degree even better, but it won't be even "like Emacs".
I sometimes think using lisp for a language is a little like trying to implement comments within json data.