Not stuck in the mid 90's, but I think all this web 2.0 crap is just that crap. The technology will always improve, but their utilization of said technology isn't very innovative.
Ok, I'll agree on the last part. OTOH, you said that fancy formatting only mattered to, let's see...
... HTML/XML and CSS and Java graphic designer geeks ...I submit that it -does- matter to the average viewer, and whether or not they know how it was done is secondary or less. But we need not argue about that, I'm willing to agree to disagree on its relevance, not having any handy statistics to throw around at the moment.
I guess you are OK with Microsoft setting their own proprietary standards that results in all other browsers not working properly with web pages designed by MS web design software?