I just saw the new animations in Cactus Canyon Remake and wow, they look fantastic! For anyone who hasn't heard they've created new HD DMD style animations for it, which you can see in this vid:
When it comes to the standard HD LCD displays we have on modern games these days, I've honestly never been super satisfied with how they look. There are a few that look pretty good (Mostly from JJP) but many are pretty bland in my humble opinion. DMDs to me have a lot more charm for a (seemingly) much smaller budget. I especially think some of the smaller manufacturers like American Pinball would benefit greatly from using a style like CCR is using, especially with original themes. I get why people would want HD displays for movie themed pins, but for original themes just get a talented pixel artist to make some nice dots and I think the presentation would overall be a lot nicer than what we've seen on many games like Houdini, which are often criticized for having some poor display animations.
I do realize the one downside to this is that a DMD style display probably wouldn't be able to show as much information at once as a standard LCD display can, but I don't feel like that's a huge issue when most important info can be gleaned from the playfield lights.
To clarify I'm not saying that games should use actual, 32x128 dot matrix displays again, just that they should mimic the style, but with some modern enhancements allowed by LCDs like color and a bump in resolution just like CCR is doing. It's probably not a fit for every modern game either, but I would take some nice dots any day over many of the HD LCD animations on a lot of modern pins.