I've always been a traditionalist, mainly because digital art rarely turns out as well as the traditional stuff. I offer two reasons for this.
First, the technology takes a long time to catch up. Digital is pretty new. The computational power to actually create art has only existed for about 20 years. Traditional art has had thousands of years.
Second, the people that do digital art are usually technology enthusiasts or fairly unskilled artists; the skilled ones are too busy learning the traditional method to do the digital stuff. Just look at all the junk that's been thrown up (pun intended) on the Internet with Flash.
These two factors are why I am a critic of digital art and an opponent of 3D computer generated stuff like Pixar or Dreamworks. I've always said that if you got a great sculptor to create art with a 3D program you would come up with something pretty amazing.
I recently purchased a program called Brushes for the iPhone that is a pretty cool painting program. The artwork you can create with it is really nice--it has a certain Jack Vettriano feel to it. Programs like it and Corel Painter make me feel a lot more favorably towards digital art.
Here is a video of me creating my first painting with Brushes. Enjoy!