The appearance of video is harsh and artificial. It's cold, but also at times exceptionally clean, crisp and vivid.
Music videos (as the very term suggests) often display a mastery of this style of production, which, when met with intent, can prove evocative in its own way.
If you approach movies knowing that the motion smoothing is a side effect of the monitor, it's actually an interesting way to rewatch old movies and shows. It has a surreal effect, and the movies themselves are otherwise impossible to truly change. It is unquestionably the technology introducing a new layer of distortion.
Which can only mean one thing: the preference is generational, and with time it might just so happen that a generation gap will erase all knowledge of the way things were, and there will arrive a new normal, distorted and alien to those who grew up exposed to the original norms.