Actually I think it's pretty cool, I mean, they made it clear from the start (With the first Lords Of Shadow) that this is a different Castlevania than the one we are used to. I think it's a breath of fresh air to play as the bad guy, and I don't know why you say that the game takes place in current age, but maybe half of the game will, I don't know.
If this was a title for the original Castlevania, then I would be disappointed to, but this takes place in a completely different timeline, so I think that this game will be really cool.
i think the special castlevania-felling will be lost in modern setting and this will split the castlevania-fans..
some will like it and some wont
but castlevania in modern times...hmm..i dont know what i shoud say..
it takes place in two eras, one where draculas at his full power and the other after the epilogue in LoS1. literally everyone knew this before the games sequel was even announced, why are you disappointed and how exactly does this "kill" castlevania?