Sounds familiar. 
On the plus side, the C64 and VIC-20 screens look fantastic via the VGA connector. 
Yep

All I ever wanted out of the thing was to:
- Use the IEC port with real drives (fast loaders working properly)
- Use the 3.5" floppy as a 1581
- Use the onboard SID as ... well a SID
- Use the CF card to load D64s
- Use the IDE as... well a hard drive. CMD maybe?
- Use the extra RAM on there as maybe a 1750
All the 'other stuff' like expanded VIC or whatnot can come later.
In other words, I'd like to use it as my current 128D setup is now. But what I get is a C64 that loads games with graphical glitches, crashing fast loaders, and unused features. It's easier/cheaper to use a real C64.