Yeah, I've watched an Anime or two. The quality of the show itself is a determining in my enjoyment though. I loved Neon Genesis Evangelion, but didn't like Gundam Wing.
Guilty Pleasures such as Dragon Ball Z are at all times exempt from standards: they are called guilty pleasures for a reason.
Right now though we seem to be in a reversal: in the early 90's we had a good slew of Anime and only a few good Western Cartoons (Batman TAS, Beyond, Superman TAS, Spider Man) and yet that trend is inverted now: lots of mediocre Anime has made its way across the pond and our local brothers have stepped up to the mark with the likes of Justice League/Unlimited, New Avengers, Avatar the Last Airbender (sequel series Legend of Korra coming this year), Transformers Animated, Transformers Prime, Batman: the Brave and the Bold, and most recently Young Justice in the past decade or so.
All in all, its just part of the vast rainbow of animated media available, and I think both countries efforts would be poorer without the other to draw from at times.