Comparing a Font to an actual 3D model is not really fair, because it depends on how that 3D model was built, to what detail, to what quality, lots of variables there.
All a font is - is a database of vector image files. You can look at is as a (somewhat sealed) folder of files if you like. There really is no difference except that font files are wired to a series of keyboard codes that automatically look up the shape and place it on the screen. And, there are other features such as placement of the graphics relative to a moving point based on the width of those shapes as well as their heights when a carriage return is typed. There is actually a whole "layer" of features in font graphics not available to standard graphics files.
However - let's just say that we both come to Motion from different earlier disciplines. I was a font designer in the 80's and 90's and I had been using fonts to create vector graphic images a few years *before* there was even an Adobe Illustrator... It's what I'm most used to.
mO2 also had a library of primitive shapes we could manipulate to build on, too, which was fantastic.
https://fcpxtemplates.com/motion-shapes-font/ [this is free and contains a free animated Generator:]
IMHO Apple should purchase mO3 and embed as a native part of Motion (thus FCP as well).
I felt the same way about mObject when it came out, but realized that it's not really what Motion is designed to be about and 99.9% of all projects are meant to integrate with Final Cut some sort of way. 3D is a little too "specialty" and just adds more weight to the application. And, when 3D Text came out, I think I could count everybody who had a real interest in taking it beyond just text, on one hand... me, Karsten, "Pielle", "Joelle" and I think some guy named "Voz". Maybe a few stragglers... [that was on fcp.co motion forum... I can't trace 'em back anymore... BTW - Pielle came out with some amazing stuff!] Anyway, as appealing as it is to us, I don't really think Apple sees that there's a viable market for it amongst the majority of users. It's been 9 years now (geez, can you believe it?) https://www.youtube.com/watch?v=r-BEqBaYJ9k (made with unicode characters from just about any font! Closing scene made with mObject.)