Performance is also historically an R bugaboo, but with changes to R's copy on write semantics and other optimizations in the base language, current benchmarks show it behaving on par with Python and other dynamic languages (if not even slightly better with tools such as dplyr and data.table.)
The maggritr package's implementation of a "pipe semantic" (often considered the only truly successful implementation of a 'component architecture') and the adoption of the model for tools such as Rvset are really allowing for the functional, vectorized nature of R to shine through. These are really darned exciting times to be a part of this community!