Lots of people enjoy it - it's a great change of pace. You can always tweak the rules or betting structure to make it "fit" the kind of game you want, even playing double or triple draw if you want more betting rounds.
No, I think most people wouldn't agree with that. But it does require some different skills than stud games like Holdem or 7-stud - in the other games, you make no choices about your cards, but in draw, you do. But, as others said above, drawing strategy is fairly standard.
Draw has a bunch of things working against it...
1. Play is slower - dealing five cards takes longer than two. Discards/draws take more time than dealing one flop to everyone. Two rounds of betting in 5-card draw can take as long as four rounds in Holdem'.
2. Fewer players possible - or you'll run out of cards.
3. More cards handled means less game security. (In dealer training, they stressed always counting the cards coming in and dealing that amount out, regardless what the player says they want.)
But it's a good game.. 5-draw and 7-stud are the classics.
Never saw anyone playing 5-stud, though.
Badugi, anyone? (Triple draw... Yum.)
