It's as good as it used to be. I've enjoyed doing quests and fighting bosses. Grinding is slow but tolerable if you have a video or podcast you wanted to watch or listen to. Coming back as an adult is a different experience. You'll find yourself being a bit more directed in how you play and it's easy to optimise the fun out of the game. It's decent on mobile and I have heard of people fighting endgame bosses on their phones.
It is easy to get overwhelmed on p2p. My advice is you set a goal and go for that, or you pick a thing you really want to do and just do that and let the game slowly open up from there.