I came here to say just that. Nats solves a lot of those challenges, like different ways to query and preserve messages, hierarchical data, decent authn/authz options for multi-tenancy, much lighter and easier to set up, etc. It has more of a messaging and k/v store feel than the log Kafka is, so while there's some overlap, I don't think they fit the exact same use cases. Nats is fast, but I haven't seen any benchmarks for specifically the bulk write-once append log situation Kafka is usually used for.

Still, if a hypothetical new Kafka would incorporate some of Nats' features, that would be a good thing.