I don't mind drifting.
It's not like anyone really can just get into a car, flick the wheel and pedals and have the car glide sideways through a corner and coming out fine despite all the noise and smoke. I imagine its a skill which requires practise, good coordination and rapid shuffling. And remember, the sport isn't necessarily just about speed/times, it's about control.
I wouldn't say drifting is new, it's only in recent times has it become popular. But you might see it in older TV shows or movies and stuff. It's always impressive when you see a car gracefully glide from one place to another in a seemingly impossible fashion, avoiding hitting people and stuff.
I reckon that bagging drift is a bit silly. It's like going into a restaurant and saying that the chef's food sucks. Now there may be some level of truth to it, but given that whoever is making such a comment probably has cooking skills so poor that they can burn water, and they're talking about someone who's experienced and does the job for a profession, well, who's in a position to be critical?
As for FWD/AWD drift, meh. I admit that you need RWD to drift effectivly. That's just the nature of the beast, so who cares. But I'll give admiration to those people in the civics because given the physical difficulty of a fwd car drifting, they seemed to do a good job of pulling it off.
As for going sideways being a stupid thing and not something that really holds any weight in other 'real' forms of motorsport, have a watch of this vid. This guy does some good countersteering to keep the car where it should be going instead of crashing into something, and just watch how he takes the hairpin at the end of the video. It might not necessarily or intentionally be drift, the way the car moves is kindof the same IMO. So to whoever laughs at drift, all I would like is to see yuo fucking try!
http://www.youtube.com/watch?v=zoh29SE24-k