I couldn't agree more - the song was complete rubbish in 1984 and is now at a point (in fact it has been for many years) where the song annoys me; it offends my ears.
I know this is completely irrational, but I can't help it.
I haven't heard the new version, but if its even half as bad as the original, then it will be ***.
As the increasingly pious and absurd Bono is so concerned, perhaps U2 could pay the amount they've saved by offshoring their tax arrangements.