I’ve been using it as my main for months. Even as an Alpha, it’s very stable. That being said, it’s missing quite a few features that a lot of people would consider a requirement. So “ready” will heavily depend on your requirements

I’ve had installations hang a long while before eventually succeeding. I would also ensure Windows has hibernate turned off and quick boot disabled.

This should add the flathub remote to the system and then install all the existing user packages into the system level. Then removes all the user level packages.

flatpak --system remote-add --if-not-exists flathub https://flathub.org/repo/flathub.flatpakrepo
flatpak --system install $(flatpak list --columns=application)
flatpak --user remove $(flatpak list --columns=application)

Personally I would just pick all the ones you’d like to be global (system level) and leave the rest at the user level.

Check out GrapheneOS. They sandbox google play services so you have a lot more control over what is sent to google. Might be a good middle ground.