Agreed, Reagan wasn't some paleo-Herbert Hoover-style conservative. Some are angry that no paleo-Warren Harding/Herbert Hoover conservatives could get elected today, but I have no problem with Reagan style neo-conservatives.
BTW, the left has the same debate, the liberal base in this country are angry at the "new Democrats" and the "Third Way" politics. They think they have been sold out and want Paul Wellstone or Ralph Nader to be president - everybody else knows it will never happen.