There was a reference to some initial findings in linkedlin on Liquid Clustering.
See below link
These were my views on this feature borrowed heavily from Hive external tables
Clustering is an established concept in data management that has been in use for a considerable period. In essence, clustering enables a DW to organize data by similarity,
optimizing the storage and query performance. This is achieved by arranging the data based on the values within a chosen column. In the case of Delta Lake, I suspect the same pattern applies, it typically automates the sorting and storage decisions, often utilizing storage solutions such as gs, s3, HDFS, or other Hadoop-compatible file systems (HCFS), what else?.
Clustering works most effectively when applied to columns with high cardinality, meaning columns that have a large number of distinct values. It is important to note that the performance benefits of clustering may not be significant for tables smaller than 1 GB in size. Therefore, your mileage varies, depending on the specific use case. Combining clustering with partitioning can lead to even better performance optimization which I am not sure it is the case in this set-up.
One advantage from this clustering, is the potential to reduce data skewness which can occur when certain values are overrepresented in a column. Even distribution of data into clusters may reduce the skew problem say in in Spark.
HTH