I would rate the scalability a nine out of ten. We use it every day.
AWS CloudFormation simplifies infrastructure management through automation, enabling cost-effective and reproducible infrastructure. It enhances resource provisioning with reusable templates and supports effective change management. However, it lacks cross-account dynamic references and multi-cloud support. Delays occur with new service compatibility, and beginners face challenges due to its complex code size compared to alternatives like Terraform. Despite facilitating rapid deployment, AWS CloudFormation's AWS-only scope and setup difficulties pose limitations.