I use glazier, a WM I wrote myself. But given your description, it won't fit you at all ^^
It's very bare bones, and requires that you script everything not mouse driven using wmutils.
If I was younger, I'd jump on the idea to be able to configure everything to my liking and making a "perfect" setup. However, I want to reach a compromise between a lean system and something which has sane defaults OOTB. Your setup seems fantastic but it's going to take me a week or so, which is not what I want to do. Thank you for mentioning your project though.
Thanks for the suggestions. Do you think I can get away with running just xfwm4 instead of the entire XFCE DE? I'm trying to stay light, which is why I would like to avoid DEs for the most part.
You'll also want a root window and other essential features. This is provided by xfdesktop4 (or you can use an equivalent from another DE). You can use just the window manager if you want but you won't like it. Or you can use something like Openbox which includes everything needed (it's a tiny complete DEs not just a window manager).
I've run plain ol' openbox without a desktop environment on top of it, and it's quite nice. IIRC I also had a standalone status bar application, but I can't remember which one I used.
There are a couple utility programs (obconf and obkey?) that help to configure everything comfortably.
For X, I'd probably go for Openbox. For Wayland, I have tried Hikari, but it reminded me why I don't like floating window managers, so I don't use it, but it seems really cool! Also, there is labwc which is supposed to be an Openbox replacement for Wayland, but I can't tell you anything about it cuz I haven't tried it.
i dont have much experience with xmonad but i tried every wm at some point. usually the things that keep me with dwm is that i found a build with very sane defaults and a number of patches i appreciate like swallowing, fake fullscreen(so you can fullscreen a program inside the assigned window) or xresources/pywal integration . i also love the scratchpad implementation and the tag system with a tag 0. i also like dwmblocks for the status bar . now im sure some of this features are available on other wm but i never found all of them in one like on DWM.
i also use ST as terminal and it works great with dwm while it gives me issues with other WM(usually resizing issues)