Well there's an active community of people writing their own operating systems. Why do that when Linux is available? I don't think a further reason is required for the hobbyist.
But there are various actual products which result from efforts to create a minimal forth that are interesting. One of my favorites is the J1 CPU: https://www.excamera.com/sphinx/fpga-j1.html
Also I think many of these personal forths have explored interesting areas of programming language design, and when I have read about those which have been made public I often learn something new. It's like code poetry.
Then what? Or is that the whole hobby?