Apples implementation has some limitations. I haven’t figured out how to change the shortcuts for it yet, I am not sure if you can. The default requires using the globe key, which most external keyboards do not have.
You’re also much more limited in where you can snap stuff, no custom layouts or anything.
It is also much more finicky when using the mouse than magnet and rectangle, although it is still a beta so this may change before release.
Even on Windows where snapping has been around for almost two decades there are tools like Powertoys that people use to get more advanced snapping, I don’t think magnet or rectangle will go away.