I did a little synth project recently that uses an AudioWorklet processor to morph between single-cycle waveforms, and it worked super well. When I tried to do this with the Web Audio API, the audio would stutter when I moved the controls. Switching to an AudioWorklet thread eliminated the stuttering issue. So, if you need real-time sound shaping controls, you may find that AudioWorklet is a better fit.
https://waves.tashian.com