Persistence of sundry Protestant beliefs points to a deeper reason than dissatisfaction with the Borgias, etc. Protestantism fulfills the disordered need, prevalent in modern times, to desacralize human existence. It is achieved by confusing religion with book-study and viewing man as a robot in a state of disrepair.
I agree with you. What I was trying to point out was the fact that Luther's break with the Church had nothing to do with Protestantism as it exists today. There is absolutely no doubt in my mind that Luther and Calvin would have no problem with traditional Catholicism (as opposed to what we find all to often in the United States) today. I do not think we should discount all of their points of contention, as many of them were later acknowledged and corrected by the Church.