I think Glueman's got it about right there. Traditionalists need to be able to examine their expectations.

For my own part, I have two very different personal responses to traditional song. One is to just sing it straight up as I currently do, no folkie styling extras. I enjoy doing that, it's very simple and immediate, and honest. And I enjoy hearing others do the same too. The other would be to really explore it with all the musical and technical options we have at our disposal today. That's an approach I will definitely be pursuing in the near future.