They were a moderately durable, cost-effective product that worked from a production standpoint and was acceptable from a user standpoint. They're fairly good at resisting fore/aft stress, but side-to-side the arms have a fair amount of flex. You'll see this if you bank steeply into a tight turn - from the saddle you can see the top of the wheel shift as the fork flexes side-to-side in the bank. Regular fork also may flex a little, but I find these flat forks have a lot of side-to-side movement compared to the regular types.
On some bikes they were actually a "downgrade" - for example, lower-end 3-speeds might have the flat fork, but the better ones had tubular types. But for your average 14-year-old just riding around, they're usually OK. Remember when you set up a front hand brake to leave a little extra space between the pad and the rim to accommodate the extra side-to-side flex. I don't mind them, but not my first choice for a fork.
They are fairly straightforward to fix or straighten if you need to do it, within reason.