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(sh.itjust.works)
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Oof! Yeah, bad performance is not fun. I haven't had performance issues myself but that's definitely gonna be a turn off if you're experiencing that.
Also, if you're working with other people using Photoshop I can see how that might lead to issues. The PSD export from GIMP has been enough to cover my use cases, as the people I work with usually use GIMP as well but I can see how someone very integrated in that ecosystem could miss features.
UI wise, I can also agree that GIMP by default is a bit lacking in current releases, specifically when it comes to system integration, but this is much better in the beta version with an updated UI toolkit.