2% is ok for IVF, not so great for natural conception as far as I know.

This is the way I look at it... 120 million sperm & 69% motile so that means roughly 82,800,000 are going in the right direction. Then if 2% of that have normal forms, then you're getting roughly 1,656,000 good sperm each time. Not toooo bad, so it would still be possible for a natural conception, it just would take time.