> means T is a meaningless default valueGo Proverb #5: Make the zero value useful.
> that should be ignored or a null pointer
nil is the zero value of a pointer, so it should be made useful per the above, but it is also inherently useful even if you put no thought into it. It allows you to know that there is an absence of a value out of the box.
And this is actually why the vast majority of (T, error) cases in idiomatic code sees T be a pointer, despite the computational and programatic downsides of using a pointer, so that nil can be returned when the value is not otherwise useful – exactly to ensure the value is as useful as possible, denoting the absence of a usable value.
If you read through idiomatic code, you'll notice that only when the underlying type is more meaningful is a pointer not used. Returning a slice is one such example. An empty set upon error is more meaningful than nil, usually. Another common instance is when 0 is meaningful, like in the aforementioned io.Reader interface. Idiomatically, one will always strive to return the most meaningful value they can.
> Either and Option at least would be nice to have in the stdlib
And if it were, then this Either wrapper in question would become useful as an overlay to it, as they would then share the same intent and meaning. But it does not match the current semantics of idiomatic Go code using the (T, error) pattern.
You can probably make it work, but code is about communicating ideas to other programmers. Either implies a dependence between variables. (T, error) has no such dependence. There is an impedance mismatch here which fails to properly communicate what is happening.