People are going nuts with new interface technology. You've got sites out there like Gabocorp declaring the end of the HTML era and the beginning of the Flash era. The Smithsonian has an online art gallery with a cool little Java nav applet. And DHTML popups and nav applets are everywhere.
What of HTML? Plenty. The plain jane HTML well has not yet run dry. It's still the glue that holds the web together. People are doing fabulous new things with it every day. And I like it...better than all that other crap put together. So there.