Well one could say the same about metal.
I think early Emperor sounds just as shitty as the Misfits
I like them both, not for the quality of the production, but for the feel.
If you get past the studpid powerchords and simple drum beats, punk has a kickass feel to it. I agree that punk musically sucks, but I still enjoy the kickass bands the Misfits and Dead Kennydies. It should never be about musical skill or production, it should be about what makes you feel good.
And what I mean by good is deep down good. Metal may make some people uncomfortable but deepdown they like the uncomfortable feeling. Do you see what I am saying?