The Globe modifier key

I notice in macOS Monterey there is a modifier key called "Globe", visible in the shortcuts of menus of some programs, and it seems to me that that's a new name for the old "Fn" key, which I never new could work as a modifier key. I can now press FN-F to maximize a window, for example (although that key combination doesn't seem to work if I'm editing a text field (unlike other modifier keys which will work in that situation.)

Will KM allow us to use these key combinations as hotkeys?

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Good question, Sleepy, I very much support that idea!