from the user perspective it's not too bad, but from the compiler perspective it is. The result of this is that LLVM has decided that trying to figure out which nan you got (e.g. by casting to an Int and comparing) is UB, which means pretty much every floating point operation becomes non-deterministic.
This also adds extra complexity to the CPU. you need special hardware for == rather than just using the perfectly good integer unit, and every fpu operation needs to devote a bunch of transistors to handling this nonsense that buys the user absolutely nothing.
there are definitely things to criticize about the design of Posits, but the thing they 100% get right is having a single NaN and sane ordering semantics