Agreed! One thing I would say, however, is when I was given the option for direct entry I was concerned about being overloaded. I spoke to many direct entry PhD students from different schools who all reassured me with their own experiences: yes, you will have to catch up on MA courses and so you will likely do 5 years instead of 4 PhD, BUT you will not have to redo your master's thesis. This may be dependent on the institution, but in general you will be doing all your courses and pracs with the MA1 cohort, so you may be thinking about your dissertation, but "your" cohort will be concerned with starting and completing their masters theses while that's not time you will need to devote.
Taken together, it is definitely manageable. If you find yourself in that position, speak to others in the program who were accepted directly also and see what makes the most sense for you, your goals, and timeline