I watched RoE 4 times on my last trip. It gives me chills everytime I watch it. I think it might be my absolute favorite thing on all of WDW property. I just have to chalk up the opinions in this thread to the inevitable differences we all have. I just can't imagine being underwhelmed by it, or preferring Fantasmic! or Wishes.
I never saw the older version, so I am interested in watching the video. But if it had less pyro and less focus on the lagoon story of the earth's history, I don't think I'd have been as moved by it.