The morphology of a slender soft-robot can be modified by sensing its shape via sensors and exerting moments via actuators embedded along its body. The actuating moments required to morph these soft-robots to a desired shape are often difficult to compute due to the geometric non-linearity associated with the structure, the errors in modeling the experimental system, and the limitations in sensing and feedback/actuation capabilities. In this article, we explore the effect of a simple feedback strategy (actuation being proportional to the sensed curvature) on the shape of a soft-robot, modeled as an elastica. The finite number of sensors and actuators, often seen in experiments, is captured in the model via filters of specified widths. Using proportional feedback, we study the simple task of straightening the device by compensating for the sagging introduced by its self-weight. The device undergoes a hierarchy of morphological instabilities defined in the phase-space given by the gravito-bending number, non-dimensional sensing/feedback gain, and the scaled width of the filter. For complex shape-morphing tasks, given a perfect model of the device with limited sensing and actuating capabilities, we find that a trade-off arises (set by the sensor spacing & actuator size) between capturing the long and short wavelength features. We show that the error in shape-morphing is minimal for a fixed filter width when we choose an appropriate actuating gain (whose magnitude goes as a square of the filter width). Our model provides a quantitative lens to study and design slender soft devices with limited sensing and actuating capabilities for complex maneuvering applications.