Which version of the Leica 50/1.4 pre-ASPH do you actually have? Version 2 or 3? I am using version 2 and made similar experience as you described compared to faster f/1.2 stop. So yes, for my personal taste the Noctilux is overrated. I prefer the more compact 50/1.4 very similar in background blur with some vintage punch to it over a Noctilux lens.
The bokeh, especially in the portrait, is absolutely gorgeous. And the in-focus areas are still so crisp and contrasty (or did you help that along a bit in post?).
I’m honestly really impressed. If the 11714 doesn’t produce ninja stars in the bokeh either, I’m seriously getting tempted 😄