Not to mention that it is a real pig in high/hot conditions, like Iraq and Afghanistan. And it looked that way on paper, too...the Army closed its V-22 PMO in 1989 or 1990 for those reasons, as well as the fact that it would cost a buttload to support and sustain the aircraft. It's also not the best design for slingloading a pallet of M500 blivets into a FARP, which was the major deal breaker. Tough to believe the CH-47 could do the job better.
Dommo, it's better at high altitude in forward flight (airplane) mode, but when it transitions into mixed mode (where the angle of the attack on the nacelles/rotors is changed), then it behaves more like a helicopter, and becomes much more susceptible to things such as power settling, ring vortex, etc., etc.
The V-22 is easy to fly from the pilot's perspective because it has a fairly sophisticated AFCS in place. But when things go wrong and the aircraft's configuration is changed, either from damage or materiel failure, all bets are off. The aircraft's flight envelope is very, very small, and because of that the chances of departing from controlled flight are substantially higher than even in a CH-47, the original chariot of fire. (After the Ford Pinto, of course.)