I used an earlier Foveon the "quattro dp2" (APS-C, 45mm focal length equivalent), they have different characteristics from Bayer cameras. They get high marks from landscape photographers where the shooting uses the lowest ISO setting and fast operation is not required.
They have less dynamic range, however given the amount of investment into Bayer tech vs. Sigma's spending on Foveon, that might just be due to more advanced engineering of Bayer and not something inherent in the Foveon design.
The DP Review forum for Sigma cameras: https://www.dpreview.com/forums/1027
The "Merrill" sensors (named in honor of Dick Merrill, an engineer and photographer that did a lot of work on that generation of sensor) are 1:1:1 as you mention - each of the photosites pick up all 3 colors.
The "quattro" sensors have the top, blue-sensitive, layer at the full resolution, with this layer also capturing the luminance of the image (which makes for stunning black and white, even at ISO 3200). The lower 2 layers are at a lower resolution than the blue layer.
I did get very high quality 13x19 inch prints from the quattro ; but have never owned a camera that used the previous Merrill sensor, so I can't give a direct comparison from my own experience.
https://en.wikipedia.org/wiki/Foveon_X3_sensor