That's great. I hadn't noticed it's has been added to PowerToys. I can now finally retire my 7 year old script. Hopefully one day it will be promoted to be included in Windows by default.
PowerToys can be iterated on much faster than the Windows release cycle, and without needing the same support commitment. Plus, some of the features do "graduate" in a sense, like Snap Assist https://www.windowscentral.com/how-use-snap-assist-windows-1..., which is basically a watered down version of Fancy Zones.
It is so strange that pasting with formatting is the default! I have so far never wanted to paste with formatting a single time. I dont even understand what use case it is addressing.
Honestly - Depends on the Job. When coding, I generally want ~no formatting by default. But When I'm pulling a code chunks into an email or similar; to preserve easier readability I can either copy from terminal with formatting or send a screenshot (which recipient then can't copy if they want to play with it). You could say "Use a different tool!" like Gist or similar; but that's often overkill.
On a daily basis, i paste into programs that aren't wysiwyg (terminal, reddit, browser omnibar, etc) much more often than stuff that is (google docs, powerpoint). for the former programs it doesn't matter if i paste with or without formatting.
for the latter programs having the default be paste with formatting seems fine. yes, i'll paste stuff from the web without formatting. But copying/cutting/pasting within the same document is also a pretty common interaction and if i'm cutting something non-trivial (eg. google docs table/nested lists), i don't want to paste it back into google docs as a bunch of regular, separate lines.
My complaint is that I can't reorder the items so that an older clip is back "on deck" for a vanilla CTRL+V. Some programs (gVim) don't take too kindly to WIN+V.
I use it in Mac as part of my job duties. So far it mostly works in the place I need it most which is web forms on chrome. Some applications I wish it worked on do not recognize it such as notes app.
I'll have to figure it out on Mac since ahk was my go to when I had pc
Opt-cmd-shift-v is the (rather unwieldy) macOS shortcut to paste without formatting.
I have cmd-shift-v mapped to my clipboard history which is fully searchable, I use Raycast on Mac but I would wager there are Linux and Windows alternatives.