CentOS Stream employs a rolling-release model, which is much less stable than RHEL.
The previous main selling point of CentOS was bug-for-bug compatibility with RHEL. Red Hat is just killing the distro by moving their focus to a non-existent market. Enthusiasts will choose RHEL, while enterprises would choose the more stable RHEL, which Red Hat could earn money from, or alternatives like Alma or Rocky.
CentOS Stream has major versions and EOL dates, and thus is not a rolling release. It functions as the RHEL major version branch and follows the RHEL compatibility rules, so it's the same major version stability as RHEL.
While you may have considered bug-for-bug compatibility the main feature, it was a major point of frustration for many users and the maintainers. That model means you can't fix any bugs or accept contributions from the community. CentOS finally fixed both problems by moving to the Stream model.
The previous main selling point of CentOS was bug-for-bug compatibility with RHEL. Red Hat is just killing the distro by moving their focus to a non-existent market. Enthusiasts will choose RHEL, while enterprises would choose the more stable RHEL, which Red Hat could earn money from, or alternatives like Alma or Rocky.