I like it better than most of TFM and probably more than BD. I did not like Breeding Death much at all until fairly recently. Actually the first time I heard Bloodbath was the song Furnace Funeral, and I did not like it at all. I disliked it so much that I almost never listened to Bloodbath again. Luckily NMF came along and basically said "Fuck you, listen to this god damn band, they are awesome".
It was almost completely random that I heard Cancer of the Soul and asked "dude, who the fuck is this band??? It's Bloodbath?? What the fuck happened, when did they get awesome??!!".
After that I was sold, but I still hate Furnace Funeral.
Long story short, Grand Morbid Funeral sits in a semi-comfortable 4th place, when considering its competition. TFM has great moments that get lost in a mostly uninteresting album so considering I still really like 2/3 of Breeding Death, TFM is still last on the list.