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Incredible LNBits shill! I love it but a bit of work on the API docs would go a long way for the plebs who are getting their hands dirty with Lightning for the first time. Still LNBits is super powerful with all of the extensions and a must learn for anyone wanting to build Lightning apps.
A close second place for the bounty, thank you for the great response!
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No probs, good luck with the development and come back to show us when you've built something cool.
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I would suggest LNbits.
LNBits acts as a very thin layer on top of many possible funding sources (LND, CLN, Ecliar, another LNBits, ... You can check the full list here). It's fully open-source, trivial to set up, has some of the brightest and nicest minds working on it.
Useful features:
You don't even need to deploy it yourself if you want to test it out. There is an open access, fully functional demo server maintained by the core team that you can use to play around. You can easily jump into your own instance once you need that (or be a bit irresponsible and stay on the demo server. You won't be the first one to do that :) ).
You can find a curated collection of projects that are built on top of LNBits here: https://github.com/cryptoteun/awesome-lnbits#software-projects-utilizing-lnbits. The page also contains good learning resources.
And regarding tradeoffs and limitations:
You can check the docs here.
Hope this helps. I'm personally in love with LNbits.