Yeah I do like that aspect of MMA a lot, always have done ever since the very first UFC.
To be honest though, the main reason I love boxing so much is I just love punching.
It's explosive, it's quick, and it's close quarters.
I get SUCH a kick out of seeing someone get knocked out cold with a quick counter left hook that they had NO idea was coming

Compared to say a high kick or spinning round house kick, that's much more telegraphed and slow.
SOmething about punching does it for me, I love punching too. From a world class pro, I just like the punching action and technique to look at too, whether it's a KO punch or a double jab or parry.
The fact that punching is close quarters and fast results in excellent exchanges, trading punches. That's what I really love in boxing, 2 skilled powerpunchers going to war up close. Like the recent Morales - Pacquiao fight, and Pacquiao Barrera, Morales - Barrera 1, and Corrales - Castillo 1. And of course, Hagler Hearns and many Duran fights
That's not to say I don't appreciate the styles in MMA. I do love Muay Thai, I've done it myself. Wandy is a good example. Knees and elbows rock.
But to be honest, one thing that turns me off is wrestling. I've never got into it. Just not fast and explosive enough for me. When you've got some good standup going, and someone like Nog takes it to the ground and.... nothing starts happening I just sigh and think oh for ****'s sake.
It was great when cro cop kept ushering him up in the first round. I was so pissed off in that fight, cro cop absolutely battered him all over the place in the 1st, then just got submitted in the 2nd.
Even ground and pound I don't like, I don't see much skill in it, it's how people fought in school.
Having said all this - ironically I PREFER Pride and UFC to K1.
If you're gonna do MMA, may as well encompass as many styles and possible and allow grappling. I just wish it was MORE standup orientated, with different styles.
I do like the fact that the trend in recent years has been striking. Some of the most prominent fighters are strikers - Fedor, Gomi, Cro Cop, Wandy etc. It's a far cry form the Gracie era and I much prefer it. Once their striking improves and takedown defense improves, we see the true merit of a good striker.