A reusable block is a post of type wp_block and every use is a reference to it, which is a genuine component and has the consequences of one.
// what is stored in the post that uses it
<!-- wp:block {"ref":4102} /-->
// so a reusable block is:
// editable in one place, changing every use
// deletable, leaving every use showing nothing
// not exportable with the content that references it
wp post list --post_type=wp_block --fields=ID,post_title
Deleting one silently empties every post that used it, which is the failure mode that makes people distrust the feature — there is no reference count anywhere in the interface. It is the right tool for a call to action repeated across forty pages and the wrong one for a layout each page should adapt. Migrating a site between environments needs the wp_block posts to travel, which the usual export includes and a partial one does not.