My fear is now that they got away with re-using characters and lifting lots of dialogue/situations from previous Trek, and people are spending the money to see it, they'll keep doing that. Apparently a lot of people really love that. I find it extremely corny. No amount of special effects, suspenseful music or action can make Spock shouting "Khannnnn" anything but eye-roll-worthy for me (and all of the other dialogue lifted from TWOK falls into that category for me). A little goes a long way. A quote here or there, fine. Perhaps even cool. But they went totally overboard with it. They milked it dry and continued suckling for good measure. The thing is, I don't mind many aspects of the re-boot. The actors are great. The special effects are incredible. And even though I enjoy joking about it, I liked the lens flares! But the main thing is I just want a great story, and I think STID was almost there. I'd just rather see it without SO many "nods" to previous Trek. But that's just me, and I realize I'm in the minority and everyone loves/hates different things, and yada yada yada, so I'm bracing myself for another over-the-top quote-fest in the third installment.
But to answer the OP - I'm fine with either timeline as long as it's good!