Is it better than running native Minecraft Java on a $3,000 PC? No. Native Java will always win on raw particle effects and render distance.
However , for the other 99% of use cases—the school computer, the work laptop, the cheap Chromebook, or the computer lab— is the undisputed champion. It offers modern Minecraft features, stable multiplayer, and requires zero installation.
The "best" Eaglercraft 1.21.1 is the one you can actually play right now, instantly. Close your tabs, open a new window, find a reputable 1.21.1 client, and start crafting. The blocks are waiting. Disclaimer: Eaglercraft is an independent project and is not endorsed by Mojang or Microsoft. You should own a legitimate copy of Minecraft Java Edition to fully appreciate the game mechanics, though Eaglercraft functions as an independent re-implementation.