hmm..NO.
Armada sucks because of that, they had sucky toys and a bad cartoon with gimmick centric designs. Many of them were gimmick first and transformer second.
I am sure that if I were still a kid and had experienced proper progressive Transformer lines before that (G1, BW, RID) I would not be all that happy about Armada or perhaps I have always been a collector at heart?
Armada was a regression in design and toy technology. Many of the figures had appallingly simplistic designs (often thanks to the dumb Minicon gimmick) and lacked articulation which design wise were a step back from Beast Wars which by then was already over 5 years old. I am also preety sure that a kid would be smart enough to see the blatant attempt at trying to 'exploit' the popularity of Pokamon with their 'gotta catch all Minicons' cartoon.
The day I see Hasbro producing a new modern line with properly thought out designs, then you would see me change my 'negative' tone to new things that Hasbro does.
Edit: I think that I did change my Negative view on a modern line. Aside from the endless repaints, I did very much enjoy many of the movie figures.