Hey, I'm a New Formalist!
I didn't even know there was such a thing. I know most of my poems aren't great, but I honestly thought the fact that they make sense (well, to me, at least) was a major flaw. And I have this anachronistic tendency to want rhyme or meter or both, and I know that would damn them irrevocably, for a lot of modernists.
On the other hand, the fact
that I rarely have the patience to polish for more than a couple hours or stanzas really is still a problem. To read someone who's far better at it, check out Dana Gioia.