...but let's be honest: if you own one and previously owned good floor and frame pumps, it is neither of both.
Very good summary. The Road Morph is a good travel pump for the times you want an
approximation to a floor pump as it has a flexible hose, T-handle, it can rest on the floor and has a (sort-of) pressure gauge. It is not what you want to use on a daily basis and is rather heavy and bulky for regular on-bike use.
It's a niche product that is good for limited applications. I'm happy with mine for the limited uses I put it to, but that's all.