Not even on paper are they good. Eliseu is at best a midtable Portuguese league leftback and the first goal came from his side. Bruna Alves needs to retire. Moutinho has been dreadful. Playing in no man's land has been draining his talents.
And CR shouldn't and can't lift his team out of every situation the same way Messi can't do it for Argentina. He dragged their asses to the World Cup but there is only so much you can do with lack of talent.
Portugal has more than 11 players that start for clubs who participate in CL or play a good role in their leagues.
CR did not drag their asses to the WC by himself. Moutinho was arguably as good as him in that win over Sweden when Ronaldo scored his hattrick. He picked apart the defense with his great passes.
Before that the whole team including Ronaldo was really disappointing in the group stage.
They are (or should be) a decent side and a team that should be able to upset the best nations in Europe here and there. It is certainly not Cristiano + 10 bums. Absolutely no reason to feel bad for him.