The question for me has always been about aspect ratio. Like 1:85:1 or 2:39:1. At home, I always wanted 1:85:1 or 1:78:1 because that is very close to HDTVs. 2:39:1 was somewhat annoying because now you have this widescreen TV but it's even wider causing black bars again. Overall, yes I'd rather see in original aspect, just the black bars would be a bit annoying.
Now that I have a projector, I really don't care at all. The only thing that still annoys me is when you have movies like the Abyss where they call it widescreen, but its actually 4:3 (non-anamorphic) with black bars at the top and bottom... and worst of all its STRETCHED! You have to manually adjust for the stretching which means a seriously ugly picture.