2003 me thought Wine is a dead end project and a waste of developer time. Granted valve put a lot of effort into Proton but they wouldn't even have considered it without the massive amount of work done before, kudus to all the non cynical wine devs
for the longest time, no one in linux land cared about API stability or backward compatibility - then app/game developers realised if they could port a portion of Win32 to Linux via WINE, they could just target the win32 API or at least a portion of it and so long as WINE was installed, their app/game would always work. i find it a bit ironic; desktop Linux is being enabled by re-implementing APIs from another OS.
Aside on whether it was going to be useful, I was alway impressed by the Wine developers, extremely knowledgeable hackers, masters of both Windows and Unix.