I think it’s main qualities are that it can still be used as a general purpose lens with a very concentrated view. Some describe it as the closest to how one sees with the eye. I’m not sure I agree. But what I like, is that it leaves so much out of the frame and that it often is a help to get a good composition. This lens is razor sharp with very good contrast. This can be a bit unforgiving in portraits 😉
For portrait, I think it is good. Especially if I want to include the upper torso. It seems to so naturally because of the minimum focus distance.(70cm). It is relatively easy to focus and control with its thin DOF. That makes it great for live situations. Usable for kids, ect.
However, if I want to only photograph the face (as in real portrait) , i grab my 135. This is more for an arranged situation. Getting focus right is not easy. Mine is vintage Glass. Detail is not as defined as the APO and it has a sightly more organic/softer feel. Perhaps vintage glass is kinder / preferble for portrait? I generally think, 135 is pushing it for RF. You have to be really patient and concentrate to get focus right. Honestly, I most often use mine for the occasional landscape picture.
I know a lot of Leica shooters prefer 90 over the 135. For portrait as well. I just never owned one or had the chance to try it.
Cheers
Christian