For me i think it is more like, "I just payed close to $1000 for this phone. It had better damned well work anywhere in the world just incase I vacation there some day. For that much money I had beter not have to buy another phone just for vacation. I mean come on! The free Motorola you get with the contract will work everywhere."
But in the same respect... no, I do not plan on traveling to Europe anytime soon nor very often. But I DO plan to go some day.
I may not need it often but i will need it some day. It is kinda like buying a car without head lights... Yeah, I heardly ever drive after dark but i am bound to eventually so my car sure better have headlights. I better not have to buy a car with headlights just to drive at night.

(maybe i should have said spare tire or trunk/boot. A little less ridiculous. hehehe)
To me it is definetly a step back. New technology shouldn't loose features in my mind.