The badly run bits in my experience don't really affect the lectures/ courses too much (for equine anyway). There's been some issues getting work back but that's because, through bad luck, we're down to basically half the usual lecturers, but they all know their stuff really well so the lecture quality hasn't dropped really.
The courses are pretty intensive, I have about 13 hours of lectures a week and we have a fair amount of assignments and whatnot. I have 2 full days (~9-4) and 1 day with 1 lecture. It should be similar in 2nd year. But its pretty well done, i know someone who transferred from moulton earlier in the year and basically said that we do more work but the quality of what we learn is far higher. They really push your understanding of both the horse and the human. I don't do the therapy massage module that the rehab people do but I've been helping a few people revise and they do proper massages and stretches and are basically having to know every bone and muscle in the equine body. Hard, but will prepare them so much better for the future. Also the therapy centre is in the final stages of being put in and getting up and running. It'll be used by the student in lectures and will be open to the public. The therapy students have been told that they'll run it in the 3rd year, but whether that'll properly happen i'm not sure.
Morrell isn't perfect by any stretch but they make sure you come out of the degree knowing your stuff. When I was doing my research Morrell was the place that kept popping up that people would employ from.
Living wise, its a bit dead with things to do and you're in the middle of nowhere so you either need transport or need to find a friend with some. If you're going home at the weekend the lack of stuff to do won't be much of an issue though. And if you take one piece of advice: for the love of god don't go catered! its lonely (no kitchen to meet people in) and they serve food at really inconvenient times, plus you have to fend for yourself at the weekend.
Oh and if your horse can't handle being kept in for weeks at a time don't have it on campus! There is turnout...but only in the spring/summer/when its been dry for weeks. Apart from turnout you are free to use all of the facilities on campus unless there's a show on which is better than some other places.
TL;DR, the courses push you and you have a decent workload, be prepared to have your horse in for ages at a time if you have it on campus, and the people make the place!
You can pm me if you want to know any specifics.