I'm not sure how I feel, but my latest thought is that it depends on if you lean more toward FS as a sport or FS as an artform.
I know that people complain all the time about 6.0s for skaters like T&D and MK, squawking about "But they had a 3 second delay" etc... but I think that the old system was about the big picture.
Could you imagine a museum explainig why it purchased a Van Gogh rather than a Surat because: "Well, we broke down all of the elements of painting and assigned points for each. Van Gogh's broad type brushstrokes have a base value of 56.4, but he gets 2.3 points extra because he strokes in both directions. Surat's pointalism doesn't require the same kind of dexterity, being only dots rather than broad strokes, so they are only level 2 strokes." etc...
Perhaps reducing a program to the sum of it's parts is keeping FS more of a sport. Recognizing T&D as masters is subjective I suppose, but having enjoyed the Protopopovs, Toller, Peggy and all of the other great skaters who you just knew were great artists by looking at them, I will miss the 6.0 system where a champ wasn't made because her Salchow was 2.3 feet off the ice rather than 1.9.