To crowdfund or not to crowdfund?

Well, this certainly opened up a can of worms.

I wondered: 

@amandapalmer herself retweeted this, which then lead to quite a few disagreeing replies including one from from Filter (yes, that Filter): 

Here’s the thing. My adversity to crowdfunding is when artists stoop down to almost “begging” levels to fund a record/tour/pay their rent/etc for exorbitant amounts of money. It’s not that I’m old fashioned and against the idea – after all, anyone who is reading this knows I’m quite “post-label” myself, it’s just that I’m against the reckless desperation some bands (and brands) exhibit in their campaigns: posting just how far off they are from their goal constantly and doing nothing more than just that – posting about it.

I’ve supported campaigns – I’m not that big of a curmudgeon. Recently, my friends in Haujobb just did a successful tour funding campaign and I eagerly await my copy of their new album!

How do you feel? Is crowdfunding a “means to an end” or boisterous begging?