I imagine that this reduces the iteration time for developing excel integrations. It's unfortunate that direct db queries aren't supported, but I guess that's a wasm/pyodide issue.
Direct db queries are indeed a restriction of Wasm/Pyodide, but there are more and more databases offering a HTTP layer. For example, Supabase has this built-in via PostgREST. For Oracle, there is Oracle REST Data Services (ORDS). Ultimately, you can also build your own little proxy server, although that's a little bit more work, but might still be worth it for company-internal use.