I would say they have a different view. Whether or not it's "better" is a matter of preference and what role they fill in the game. IMHO if they're just humans with rubber masks they don't really serve any purpose any more and there's basically no reason to have them in my campaign.WoW and warhammer have pretty modern view of monster races. In this matter DnD setting are often stuck in old stuff from the 80’s. but overall DnD never pretend to be medieval, the section about Government in the DM guide is definitively not medieval centric.
Then again I also don't want my vampires sparkling in the sun (unless they're about to explode) and being a werewolf isn't a power-up.