"Literally" is not incorrect.
http://www.merriam-webster.com/dictionary/literally
"Literally" can mean "virtually," or "figuratively."
http://www.merriam-webster.com/dictionary/literally
"Literally" can mean "virtually," or "figuratively."
"I got literally hundreds of bug reports today" may not be appreciated correctly (a listener who doesn't know me might think that I got 12 and I'm just whining), but "Speaking without exaggeration, I got hundreds of bug reports today" seems airtight.
Or maybe it's time to import >>wörtlich<< into English.
Seems literally incorrect to me.