Re: What was Mark Waid's issues with the 1986 retelling?
The absence of the Kents allows Superman to grow up, keeping them around keeps him eternally Superboy. Even Byrne admits that getting rid of Superboy was a mistake, and Siegel intended Superboy to be part of his history from practically the beginning.
I hate that Richie Cunningham crap with Ma and Pa fawning over Clark and him being so "aw shux" about it...saccharine as hell, and it's no wonder people saw that and perceived Superman as some sort of lilywhite dork and Batman as a badass who had actually suffered in life.
Superman works best when he is based in the Golden, Silver and Bronze Age versions, because it that was the most iconic and creative version-Silver Age especially, even though I'm more partial to the Golden Age social crusader Superman myself.