There's nothing wrong with steel, Pat. There's also nothing wrong with titanium, carbon, or aluminum. And there's nothing wrong with cruisers, hybrids, mountain bikes, or bmxs. But there are differences, and that's a good thing. My last bike was a steel Italian thoroughbred and I loved it. My present bike is an American ti, and I love it too. But I'd be lying if I said there wasn't a difference.
By the way, a lot of people say the new Cannondale CAAD 6 is as comfortable as any steel or titanium...