mystique takes it she is not only better at morphing then him and has more experience..but also she is a trained martial artist and very quick and agile.....morph is going down
depends.
i know in her solo book mystique got shot in the heart but it didn't harm her for the fact that she shape shifter all her vital organs to other parts of her body.
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Exiles Morph can turn into stuff and combinations of stuff...yet he looks pretty much like himself...think the genie in the Aladdin movies and cartoon series.
Exiles Morph is extremely versatile in that he can also turn into inanimated objects too. But Mystique, especially in her own comic has shown to be an extremely better shapeshifter than her former version, such as turning into monsters, adaptation of another head, wings, spikes, etc., and she can relocate her vital organs making her much harder to kill. By durability, Morph can take more punishment, but Mystique is a trained assassin, far more experienced and just more resourceful in taking out Morph (he can still be knocked out a la Exiles Sasquatch).