I don't mind it, but I've never been super particular about my d-pads.
I have occasionally had it misreport a down input as right or down-right, but I very much suspect that's not an actual hardware misreport and is just due to the position of the d-pad relative to my grip. Since my thumb is angling up to the pad from down-right, it's much more likely that I might have just rolled a little closer to inputting right than I intended to.