Overall it's pretty good for software and pretty incredible that it's from a phone. It will never match quality glass from a real camera but we need to remember it's a phone. Of course Apple oversold it a bit, that is what they do with most things.
I think the one thing to remember is there is "bad bokeh" no matter what equipment you use. It still need to be applied when the situation is right and not all shots require it. In fact, many can become worse with it.
Not that it matters since the rumors point to Apple keeping the dual lens system in the plus line and I will never get a plus.