There is and should be a difference between mass produced automobiles and hand made one offs. My expectation is that my M3 will be an ongoing challenge to keep proper, but i'm in need an occasional project and enjoy the mechanical process of keeping the M3 on the road.
Modern BMWs ect are hands off cars, brought to the shop, for all repairs. Morgan's seem to be owned and enjoyed by the "stiff upper lip crowd" who take pleasure in spinning a wrench, and enjoy the challenge of a repair as needed.
I enjoy automotive maintenance beyond washing and waxing, and the M3 allows me to get my hands dirty on occasion. Simple, primitive, yet modern, offering a pleasure beyond any other car in the garage.
It gets taken out when I have time for both a drive and a roadside challenge, when I'm going no where and have all day to get there. Drive the Bimmer to work, drive the M3 as a hobby.
The bevel box can be quieted with Moroso Climbing Gear Lube. The shift knob can be replaced with an aftermarket one from an aftermarket supplier.
All that you mention is part of the fun, and ill bet you are having fun.