Yeah I think sometime in the last 20 years it became very uncool to appear to be elitist about anything cultural. As a result there is no cachet in appearing to have elevated tastes and no stigma in liking trash. Personally that suits me as I like both Pulp and the Canon, for example. But on the other hand I think it is destructive for current writers who are doing anything remarkable as it usually does take tastemakers of some kind to bring their work to general attention.