Whilst sad that you have written such a post, I can only agree with pretty much everything you say.
Having owned Morgans for 20 years, currently an early Aero 8 and a 1935 Morgan MX2 Super Sports, I think I can reasonably be described as an enthusiastic owner. However I cancelled my early order for a M3W because I didn't like how the development of the vehicle was going. I think they have far too big an engine that has led to the weight spiralling upwards and many engineering issues have been caused by this weight gain.
Being an optimist I do believe they will sort the product but I am not convinced that they will deal satisfactorily with owners of early cars!
