It is a wonderful tradition with which I have no issue, so long as we don’t try to dogmatize it or somehow use it to drag someone’s orthodoxy and orthopraxis into question.
The Ancient Church celebrated in a variety of ways according to the limited evidence we have. I imagine some of the more hard-core folks would be quite dissapointed with some of the early Petrine masses celebrated on a wooden table with everyone else sitting down at the table. (Egad! No kneelers!)
That being said, the modern-day “flippymass” where everyone shows up in flipflops and shorts and t-shirts (including the priest!) and the Introduction begins, “Hey, y’all, good to see you this morning!” is not right either. One can celebrate Mass ‘informally’ without being irreverent. A wonderful spoken Mass celebrated in simplicity at an early hour can be as wonderful as a organ-filled spectacle at 11 AM.
As for facing east, I think one of the reasons that most Latin Rite priests don’t do it is that in the USA and, I presume, other parts of the english-speaking world, V2 as gospel meant and was enacted as ‘We don’t have to turn our backs on everyone’ which is a theologically bogus statement.
All that being said, I can and do find myself (not Latin Rite, not in communion with Rome, not trying to pretend to be lest someone imply that I am) celebrating both ad orientem (towards east) and versus populum (facing the people). Depends on circumstances and situations and, frankly, the practice of the location where I am at.
As an example, in our ecumenical hospital chapel where I celebrate Divine Liturgy each day, I have to live with a pulpit behind the Altar on the centerline of the room (think traditional Protestant church). When I tried to get the Tabernacle put in the center beneath the (blank) cross I was told that would make the chapel too catholic. At least I did get the Altar rail installed that I wanted! UGH! So, anyway, I am stuck using the physical plant of the Chapel, and since I don’t want to have an empty pulpit in my view while consecrating the Eucharist, I face the people and the Cross/Candles that are on the center of the Altar. In the Oratory I maintain in the Rectory for smaller daily Liturgy at the parish level, I celebrate ad orientem (though I am actually facing almost true north because of the Rectory’s arrangement).
Sometimes, you are simply stuck by the situation you face. You make the best of it, and celebrate as reverently as possible, taking into account your ritual tradition, your ecclesiastical canonical requirements, and the souls of the people you pastor.