I must be the only one that doesn't like how the 'new' looks. That area has lost it's charm, but I don't like change. Just don't touch Welch Ave Station, Mickey's, or Paddy's please.
Now get off my lawn.
Let it go. Let it go.
It's sad to see it look much different than when we went to school, but the area around Welch is brutal for a major university. What you call charm is actually just old, ugly buildings. Some of the staples that you listed will remain, but they're going to need a facelift (Welch Ave Station might be safe). The area around the MU looks so much better now than it did when I was in school. That entire area, including Welch and Lincoln Way, needs more of that type of development, even if it's a little cookie-cutter.