Enable Media Edit with inline media entities within text fields using CKEditor WYSIWYG

I also think it would be good feature, otherwise it's hard to explain content editors that they need to go somewhere else to edit image.
In the meantime I'm using "Media Library Edit" module together with https://www.drupal.org/project/edit_media_modal → . Both modules work fine together, although it would make much more sense to have both features in one module :)

This is out of scope for module, which only works on fields, not on the WYSIWYG editor.

As @besek mentions, the Edit Media Modal → can give you the functionality you want, make sure to add the ckeditor 5 patch ✨ Support CKEditor5 Needs review so it can work with ckeditor 5.

I suggest listing Edit Media Modal in the docs and project page.