I like the way Modern quilts look in homes with modern decor. I'm not likely to make one for myself though. Neither of my son's wife/girlfriends favor modern decor but the grandkids might when they reach adulthood. I don't care for traditional quilts at all. I think 30's fabrics and designs are about the ugliest stuff ever made, although some of the stuff from the 70's definitely give it a run for the money. I would call the style of quilts I make contemporary.
I do think the Modern quilts tend to focus less on the piecing and more on the actual quilting.