It really depends. Compare a reliever who does this over the course of a season
35 G, 39 IP, 0 runs allowed.
5 G, 1 IP, 20 runs allowed
with a reliever who pitches 40 innings in 40 games, allowing a single run 20 times.
Both pitches have the same mediocre relief ERA, 4.50. But pitcher 1 is far more valuable, because he shuts down the opposition completely almost 90% of the time. No matter how bad his blow ups might be, they can only cost you one win at most.
Pitcher 2 is far less useful. He'll blow close leads and tie games on a regular basis or let close games get away. You only use him when you are well ahead, or behind.
A 5.00 ERA is not good by any stretch, but you are entirely correct that it has to be viewed in context.
I don't think you can say much about whether Morris was good MLB pitcher or not as his peculiar circumstances just doesn't give us enough data to make a determination. Reviewing his career numbers, he was extremely effective against left-handed batters, was tattooed by right-handers, had a good not great strikeout rate and walked far too many. That's a fringe player, guy who might hang around in AAA for a few years, getting called up on occasion to fill in for injury or when the pen gets burned out. Given more time, Morris might well have developed into an effective specialist, but as with 90% of his type, it didn't happen.
"You didn't come into this life just to sit around on a dugout bench, did ya?"
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