When I was putting my current system together a few years ago, this was my cart of choice. I think for a lot of people, it comes down to the price factor. For me, I had a set budget at different points, and in order to afford the deck I wanted, I had to compromise on the cartridge.
As the AT95e broke in, however, and I became acclimated to the the turntable, it became fun trying to get the best sound out of it (because the thing literally transformed after a couple of months of use).
It wasn't until I upgraded carts along the way, that I realized how limited the cart actually is, especially at handling higher frequencies and inner grooves. Is it bad? Nope. It's not the miracle worker it's sometimes made out to be, though. I raved about it at the time I used it, but that was at a time when my frame of reference was a bit narrower than it is today, having been of the mindset that my money was better spent on albums than equipment.
I think a lot of the praise also comes down to pride and that psychological thing (and the power of suggestion), that makes us hear the things we want to hear. Waiting all that time for something to be shipped, then having to admit defeat once it arrives isn't fun. I think I talked myself into liking something more than I actually did, because I wanted it to be great.
I recently gave a buddy of mine a Technics deck, and I outfitted it with an AT95E....a new one. Compared to what I use today, it was shrill and pinched. Compared to what he had, it sounds fantastic.
It's just all relative.....