I am also one of the people that has had engines converted from 3 rail to 2. I did some of the work myself, and on one in particular (MTH Allegheny), sent it out for the main drivers conversion. I'm fairly happy with the engine after years of running. The converted engines, and even some of the early 2 rail models, have all needed work afterwards to keep them running.
I can't help but feel that these toys require work as I'm always working on them. Maybe it's just my luck? I have a 3 rail loop and it's no better. I read people's posts of wanting models that just run and don't require any attention and I laugh to myself. Every session there's at least one thing that requires something done. Running several big trains finds any weaknesses fairly fast. So I learned to have many engines and equipment ready to be swapped into the trains to keep things running. Maybe running a smaller train with just a few cars would be easier? I feel that it's like a real life RR where there's factors that we can't control. It takes effort to keep things right.
Converting stuff and working to keep things running has taught me valuable lessons. I have learned how to help the RR run smoothly. I can pick out good runners and any weaknesses that will need attention before they cause issues. It's not all bad. I wish I had been part of a club with experienced members to help me learn faster. This forum has helped. Maybe the worse part is being influenced by someone who makes choices that aren't the best. Some have closed eyes to anything new or different. So I try to always move forward and stay open to what's changing. I saw a video of a toy train that runs on sunlight and wonder how soon we'll see a new type of train on our rails.