While those are vaild criticisms, I can say that the game really is only getting better.
The story used to be a complete throw away. They really managed to turn into the strangeness they created and craft a rather intriguing plot that started with Natah and has gone on with the Second Dream, Sacrifice, etc.
Eidolon was a huge endeavor by them, and I thought it was going to be a flop but it was an earnest effort and fun. It's not great, but it's good and after Tennocon '18 I have some really high hopes that Fortuna is going to be even better.
Rivens also helped make weapons that were low tier and never really used, completely endgame viable. The cool thing is, if you're using a gun that everyone is like a Lanka - yeah, the Riven is going to go for huge money. But if you have some 5 disposition gun that is esoteric af, you can score an unrolled riven really cheap and make a truly unique weapon that is completely viable through star map and even later into Sorties and what not.
Also, just for reference, I'm on PC. While the hosting issues aren't as bad as what you've experienced on PS4, there is definitely some issues. The term 'Bugframe' did come around for a reason.
the 'bugframe' shit seemingly was separate from the hosting/network issues, though. i can't count the amount of times i was stuck in a falling loop or through a floor or under stairs or times where the "/unstuck" command actually did help... the hosting/etc issues seem to be of a different monster.
and to make it worse, i turned down my matchmaking ping limit to 100ms (or is it 75?) months ago - it does seemingly nothing. it doesn't seem to limit my connectivity to those closer and it's made no noticeable difference in lag.
plains is kinda fun - but here the whole hosting nonsense is even worse, due to the nature of extracting from there. i generally play PoE solo, and even that is annoying... as one has all the limitations of being without a squad but can't even pause the freakin' game if you have to go afk for a minute.
the game SHOULD be better, but it seems like with every new addition, the bugs/connection issues get worse, perhaps even exponentially - as the connection issues are just so fucking horrifically bad recently.
rivens suck. or more specifically, the balance is terrible among weapons. melee is in desperate need of a massive overhaul (which is apparently happening), and rivens need to get their disposition updated. weapons are in general OP - the pyrana was already my favorite gun (i made one after getting a riven for it). the pyrana prime is just stupidly OP. rivens for many things are completely out of balance (pyrana, tiberon, scoliac, etc). that said, the only issue i really care about is the matchmaking/connectivity/host horseshit. it's just so bad i can't play for more than an hour. it's just cancer.
as for the story - meh. it kind of sucks. "the sacrifice" was terrible. the quasi-cut scenes in the hospital were so bad. the plot makes no sense. why are we supposed to care about space mom? how/why was ballas still alive?
oh, and operator mode sucks balls. never ever should have been added.