Nils Binder has the latest take. Nils take is especially clever in how it uses <symbol>s referencing other <symbol>s for extra efficiency and min-aspect-ratio media queries rather than magic number widths.
For the record, we still very much need container queries for HTML elements. I get that it's hard, but the difficulty of implementation and usefulness are different things. I much prefer interesting modern solutions over trying to be talked out of it.