I discuss melatonin's effects on sleep & its safety; I segue into the general benefits of sleep and the severely disrupted sleep of the modern Western world, the cost of melatonin use and the benefit (eg. enforcing regular bedtimes), followed by a basic cost-benefit analysis of melatonin concluding that the net profit is large enough to be worth giving it a try barring unusual conditions or very pessimistic safety estimates.
Full essay: http://www.gwern.net/Melatonin
That's the opposite of my impression. I used melatonin for several months because it made it so easy to get to sleep. But I found that I needed to get a full 8 hours of sleep to wake up refreshed. I attributed that to some vague notion that the melatonin needed that much time to work its way through my system. At any rate, waking up after less than 8 hours seemed harder than it does without melatonin. That was my very unscientific impression.
For that reason, I was glad when I found a mental trick that let me get to sleep as easily as I could with melatonin.
Perhaps you were taking a too-large dose? Or taking it in some way that took a long time to be absorbed?