IMHO, this is a gross exaggeration.
I don't shoot a lot of BW400CN, but when I do, I find that using filter values that nominally equate to about grade 3-4 usually produces good results with my Philips PCS150 light source on VC paper (I use mostly Agfa and Foma VC RC papers). Exposure times also tend to be long -- maybe 2-3 times as long as with conventional B&W negatives. Of course, you might not like the results, but that's a subjective matter, and as such Sandy will just have to try the film to decide on this score.
That said, you're not the only one who takes a very dim view of using BW400CN with conventional B&W papers -- but I'm also not the only one who doesn't have such problems with it. I can think of several possible reasons for this wide divergence of opinions, including subjective judgment differences, interactions with B&W paper brands or types, interactions with enlarger light sources, and interactions with enlarger filters.