It was slower than Kazaa/bittorrent, but it was far harder to work out who was shareing what. (if memory serves it also chunked files up so they weren;t on the same machine, but that could be me misremembering)
As you can with the new Freenet, you just get a menu of options instead of being forced to use a one-size-fits-all approach to anonymity.
It would surprise me if this would not be a common interpretation of these texts alone among the readers here.
As for the general reputation of the OG Freenet in this lineage, to the extent I'm aware, anonymity was pretty much the defining characteristic. More or less everything else in the user experience suffered to some extent compared to other chat and file sharing services because of this "focus".