I kind of agree with you. I don't like a lot of songs from that genre, but I do like "I Am the Bread of Life." It is Jesus' Bread of Life discourse (John 6) in hymnic form. It proclaims the promise of the resurrection, in the words of Christ. And the music fits the text, in my opinion.
The "problem," of course, is that it's all in the first person. This is a device which should be used sparingly, and with understanding. There are some good traditional hymns that use the first-person device, but I'm not sure that they do it for the whole hymn, all stanzas.
One confusion possible with "I Am the Bread of Life" is on the refrain, "And I will raise him up. . . ." In John 6 it is Christ's promise to raise the believer on the last day. However, I'm not sure if some people singing the hymn mistakenly think it means that WE are "raising up" CHRIST with our praises.
I like it too.