Our current Pope, Benedict XVI is a big supporter of keeping the Traditional Latin Mass, as well as the current Novus Ordo Mass, as an available option for Catholics. Many parishes here in the US offer both and have benefited in many ways, including an increase in weekly mass attendence. It is easy to see why when watching the following video (it is long, but worth a watch).
"This is a Traditional Latin Mass filmed on Easter Sunday in 1941 at Our Lady of Sorrows church in Chicago. The film presents the ceremonies of the Missa Solemnis or Solemn High Mass in full detail with narration by then-Mgr. Fulton J. Sheen. Celebrated by Rev. J. R. Keane of the Order of Servites (hence the white habits and cowls), the ceremonies are accompanied by a full polyphonic choir, orchestra, and fifty Gregorian Chanters."
To add some color footage for our modern eyes...here is a clip of the Tridentine (Traditional Latin Mass) Mass being celebrated more recently in France.