I'm of the opinion that not every ride needs to be an E-Ticket. I mean, I've heard so many people, myself included, talk about their love for the PeopleMover. Why? It's relaxing, you get a nice breeze in the hot Florida climate, and you get glances into Space Mountain (though not like you used to) and at part of the original Progress City model. It's not flashy, but it has withstood the test of time and never has a line.
To be perfectly honest, Mr. Toad was not exactly a technological showcase, but it was fun and is greatly missed. Snow White (which I will admit was a better attraction than LM) was a simple ride through the story, at least in it's final incarnation. Peter Pan is as simplistic and short a ride as you can get, but people love it.
I still think that LM gets a bad rap because of the pre-release hype and not because it's a bad attraction. It's far from perfect, but it's good.