90% of freestylers use the word "style" wrong every time they use it. It's something you almost have to become used to in the community.
Style can have several meanings, depending on the context, so even though I'd definitely agree that it gets over(ab)used and misused quite a bit, I wouldn't agree that 90% don't use it correctly.
On topic: I agree that style, as well as trick execution is being somewhat neglected nowadays, in favor of faster improvement, harder tricks, etc.. Most of the guys that are getting positive comments about their style nowadays would've gotten their fair share of "work on your style" comments on SG back in 2006 or 2007 or would've even been laughed about because of it.
Jason put it well in his last post, it basically comes down to the fact that this kind of stuff is mainstream and therefor gets the most attention within the community itself. Also, there are very few people who are actually critical, the vast majority just lick ass and praise someone, disregarding any potential negatives, like bad trick execution, bad style, etc..
The positive thing about all of it is that guys who are different, like MichRyc, stand out more and thus, get more appreciation.

@jabarinho: WTF does this topic have to do with entertainment? The topic is not about show vs. technicality, but rather about a shitload of guys doing exactly what you mentioned, pulling off incredibly hard tricks, just for the sake of the difficulty, with barely any style, flow, variety or originality.
http://www.youtube.com/user/forzaitaliayoyo/videosThis is exactly the kind of stuff we're talking about. "SKMATW" attempt, but can't even put together a decent combo, lol.