Slow, sluggish, resource hungry and looks alien everywhere. Yeah right. Progress ... If there is one thing its done is lower standard for native applications everywhere.
Just the other day someone had detailed that they have a business based on Delphi with some ancient database. Can't be rewritten, but it brings in revenue.
And quality-wise it's probably better than any alternative "cloud-based" solution they could buy these days.
(Case in point - Windows Vista :P )