The ABox is a very nice API to work with and allows a lot of flexibility. MorphOS is significantly quicker at booting, loading apps, gui refreshing etc. than most other operating systems I have used. The ABox already has seen a noticable improvement in terms of internal modernization and features available compared with classic Amiga systems.
I think the point to having MorphOS is to have something different that can provide an attractive, efficient and blazing fast "single user/home computing" alternative to Linux, Windows, MacOS etc. and MorphOS is achieving this already in my opinion. But you can always use both if you need/want to anyway. :)