The "Top Gearl" mentality has always been MORE POWER! and yet the truth is very different. For a start, the MORE POWER brigade are often ill equipped to manage it, and it really boils down to nothing more than 0-60 bragging rights and straight line bursts of speed. Even then there are some who can't manage a straight line burst.
Having had 4 Midgets, they were more fun than my MGB, and more fun than the V8 MGB. The best Midget of the 4 was the '67. They still had leather seats then, which used to tear across the main bolster. It had done over 90,000 miles, and was a bit of an old nail at 4 years old, but was utterly reliable, and so much fun. The three which followed, '70, '74 round wheel arch (unreliable) and '75 1500 were simply not as much fun. I think understanding this is part of the playbook of "getting" Morgan. It's not about absolute performance, or absolute anything else. It's about the sum of parts. It's what makes MG, Triumph, Lotus, TVR what they are, and anathema to the Top Gear thinkers.
I would say that my Roadster is way better than the BV8, and as much fun as the Midgets. My Plus 4 is equal on fun but delivered in a different way. For some reason I just prefer simple 2 archaic seaters, and always have.