Here's my Opinion on the subject. I voted Both Equally, However, I do feel 100x better when I see "Old School" FX in action than CGI. So why did I vote for both? Well, let's use Star Wars as an example of a time when CGI is MUCH better.
The OT was done completely without CGI. The PT was done nearly totally CGI, and guess which one is more exciting IMO. The PT. The fact is when you're dealing with a fantastic, fictional world like Star Wars, you need to at least see what is was like. What I'm saying is if it was possible to make wide shots of Courasant, epic battles, and the plethera of unique planets using "Old School" techniques I would demand that they use them, just so I can feel good that they weren't lazy and did some work to make it look good, but that can't happen. So we have to use CGI just to get the vision across.
So that's the reason I support CGI sometimes, but what about the "Old School" stuff? Why do I love those? Reason #1- It looks (wait a minute) IS real. You can replicate a human flawlessly with CGI, but it's not a human.
I might be the only one on Earth who would say that if you stood a animated Na'avi next to a person dressed as a Na'avi the real person would make the CGed one look like a character from Toy Story. The point is you can make the most realistic CGI creation ever, but it's not real, and will never look as real as real.
Reason #2- It makes you feel good. I desperatly wish someone agrees with me on this because if you don't, the world is REALLY headed in a bad direction. When you see, or hear that some awesome effect was done using "Old School" techniques don't you just get a warm feeling, knowing that the special FX artists took the time and effort to create something rather than just whipping it up CGI-style?
To sum it up, CGI is essencial in making beautiful places and action scenes, but in mostly every movie with FX I support using the techniques we saw as kids.