I wrote a lot of F77 code way back when, including an 8080 simulator similar to that written by Gates and Allen used to build their BASIC for Altair. I don't know what language they wrote theirs in, but mine was pretty readable, just a bit late. And it was very portable - Dec10, VAX, IBM VM/CMS with almost no changes.
I think F77 was a pretty well designed language, given the legacy stuff it had to support.
It was well designed. Hence the "it got stuff done".
But it was also behind the times. And, if we're fair, half of its reputation comes from the fact that half of the F77 code was written by PhDs, who usually have... let's call it a unique style of writing software.