Update / Replace dependencies as part of the ecosystem-cleanup initiative (e18e) #850

Feature motivation

Maybe you've already heard of the e18e initiave (https://e18e.dev/). We want to bring the JS ecosystem forward by modernizing old dependencies or replace them with smaller / faster alternatives.

E.g. updating chokidar would reduce the dependency count it brings in from 13 to 1 and replacing chalk with picocolors would shave off a bit of traffic whenever this package is installed.

With over 14mio downloads this week, that adds up.

So my question: Is this project open for this kind of modernization? If so, I would be happy to create PRs for the changes.