When comparing Wavebox vs w3m, the Slant community recommends w3m for most people. In the question“What are the best web browsers for UNIX-like systems?” w3m is ranked 25th while Wavebox is ranked 38th. The most important reason people chose w3m is:
Although w3m is primarily a text-based web browser which runs inside the terminal, it supports and renders several elements which other terminal-based browsers cannot like images, tables, tabs or frames.
Specs
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Pros
Pro Support for several elements not found in terminal browsers
Although w3m is primarily a text-based web browser which runs inside the terminal, it supports and renders several elements which other terminal-based browsers cannot like images, tables, tabs or frames.
Pro Available as emacs plugin
W3m can also be downloaded as an emacs plugins to be used as a fast web browser that runs inside emacs.
Cons
Con No mobile version
No version for ios and Android
Con Steep learning curve
Being a terminal web browser w3m has a certain learning curve because you need to learn the keystrokes and different commands.