The problem with RefCell/Mutex is granularity. If you wrap the entire object in one of them, the mutable borrow you need to write a field blocks anyone else from accessing the object at all, even to read unrelated fields. Note that Swift 5 exclusivity enforcement is imposing exactly this limitation on Swift "structs", but not its heap-allocated "classes".
In Rust, an alternative is to wrap individual fields in RefCell/Mutex, but that results in uglier syntax – you end up writing RefCell/Mutex and .borrow()/.borrow_mut() a lot of times – and adds overhead, especially in the Mutex case (since each Mutex has an associated heap allocation). There are alternatives, like Cell and Atomic*, that avoid the overhead, but have worse usability problems. I've long thought Rust has room for improvement here...
You can get rid of the heap allocation for Mutex by using parking_lot, and there is work to merge this into standard library. The rest of what you wrote sounds right to me.
In Rust, an alternative is to wrap individual fields in RefCell/Mutex, but that results in uglier syntax – you end up writing RefCell/Mutex and .borrow()/.borrow_mut() a lot of times – and adds overhead, especially in the Mutex case (since each Mutex has an associated heap allocation). There are alternatives, like Cell and Atomic*, that avoid the overhead, but have worse usability problems. I've long thought Rust has room for improvement here...