Well its not dead but its not super-compelling as a stand alone game. The most interesting reason to play is that its the largest and best attended tournament, with a shorter game and its just alot of fun to play AxA in that format.
The patch did address balance= 42.2 needed a +19 bid, whereas 7 is a comfortable allied bid for 42.3. However, it also made the game quite flat–there is only 1 opener to do (the one that shreds the space with the bomber!). So the game is def. more balanced, but its also sort of boring after you play it 50-60 times.
I wouldn’t put ICs anywhere on that board personally–the game only lasts about 5 turns before one side starts to emerge as a VC winner.
Luck plays a huge part in the opener, and therefore the game.