I love it, but it does indeed have an overwhelming array of functions. I decided pretty early on that I wouldn’t try memorize every feature of the thing, but just use it for what I can handle at any given time. Over a year with it and I’ve barely touched a couple of the features still, but I use it in almost every patch. It’s one of the best happy-accidents-generators I’ve ever used.
My main complaint with the thing is that it’s really lofi sounding when you slow things down or use the granular mode. The Morphagene sounds smoother and tape-like to my ears (in demos at least, I haven’t owned one). That said, I do really love how it sounds when it records audio at a reduced sample rate, and I use that to sample things with that 80’s sampler vibe, so the lofi-ness is as much a blessing as a curse.