And then there's my son. While helping him write a short story for school, I realized he favors the...yup, the present tense. Okay, having kids I'm allowed to use them as guinea pigs once in a while. I can't generalize to the teen population as a whole, but here's his response to that whole issue. "Mom," he tells me, "it makes more sense to have things happening, like, now." He is fourteen.
So, that pretty much settled that discussion for me. In the end, we write for our intended audience, and we all know that writing is subjective.