Every child is different.
Having a toddler is very different, but not necessarily in an easier way.
The specific things you mention:
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it really is lovely seeing their personality come out and bring able to genuinely have fun together.
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the physical slog of carrying them a LOT doesn't end when they become mobile. There's a big difference between then being able to move, and willing to do so, or in the right direction, or at the right time. It wasn't until about 3 for my eldest before I could go out somewhere like town, without taking a buggy or sling. My youngest has mobility issues, so at 3.5, I carry or push her if it's more than about 100m, but even my eldest would kick up a did if it was going somewhere 'boring' and if end up being then it if desperation. They also still like to picked up for cuddles, to see things, press buttons etc, and obviously weigh a lot more. I found toddler's much more physically straining in terms of carrying them, than babies, even if they were carried marginally less.
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sleep. Some babies sleep well. Many don't. Some toddlers sleep well. Many don't. You can potentially speed things up with 'sleep training' but often sleep is up and down for a few years. At 3.5 & 5, I'm still waiting for mine to sleep through 11-12 hours, though they have had spells of doing so (sometimes for a few months) in the past. My youngest slept worse at 12 months than 12 days. But other babies also through from a few months.
Toddlers can communicate, but that also can mean they are very demanding, as it didn't mean they can be logical. My youngest cried on and off for 4 days at 2, because her dad had finished off her banana -that she'd given him to eat 😂
Naps also reduce, so less chance to catch up on rest/chores. Doing stuff whilst they are awake becomes more tricky because they don't stay in one place, so no putting them in a jumperoo or play mat whilst you cook dinner.
Meeting up with friends becomes tricky as they are lots content to just sit/lie with you, and a simple conversation can take she's because of all they interruptions whilst you both rescue your child from causing havoc/answer a thousand questions.
And then there's juggling work.
So personally = equally bad night sleep + less naps + juggling work + tantrums + having to have eyes at the back of your head = a very exhausting stage.
However, them running to you, giving you a kids and them saying they love you, seeing as the amazing things they are doing and learning, seeing them become little people with their own likes, dislikes and opinions etc, is all amazing.
I wouldn't skip it for anything, but it's very tiring at the same time.