Interestingly, Dr. Strangemonkey has a similar viewpoint as I do, though for me its directed at 4e.
I see 4e as that guy you see that you knew in high school 15 years ago and are like, "Damn, what happened to him?" It just gives me the creeps.
4e is D&D only in name, in my opinion. It has some similar elements to the previous editions, but I look at it scratching my head, wondering what the hell happened to D&D.
So I'll be sticking to 3.5 to the foreseeable future. I might make a foray into PFRPG, at least to mine some ideas. I might even try out a C&C game, too. But no 4e at my gaming table.
And I agree with those that believe the holdouts are higher now than they were with the 2e -> 3e switch. I think its much higher, based on my experience, both on the internet and talking to people at the multiple LGS's in my area.
My post was not intended to anger or offend any 4e enthusiasts. These are my personal feelings on the new edition. No disrespect to Dr. Strangemonkey was intended in my post.