The criticism of the Hood is probably well-deserved. She does have her faults. Part of this problem was the fact that naval strategy was evolving over her long lifetime. Is she a battlecruiser or a fast battleship? She was concieved as a battlecruiser, with the speed and armor arrangment of a battlecruiser. Her giant size is due to the number of boilers required to make her battlecruiser speed.
That she is an orphan in her class was the result of the Washington Naval Treaty. If the other members of the Admiral class had been built, the concentration of Britian's tonnage allotment would have been too consumed by this class. If her sisters' hulls had been laid down, this class might have resulted in the same huge battlecruiser/aircraft carrier conversions seen in the USN and IJN (imagine a carrier based on a Hood hull!).
But I digress. The real reason I picked the Hood was that she has so many people who have loved her over the years. To this day she is my favorite, matched only by the Bismarck class. She has a tremendous following among both ship historians and modelers, most of whom have never seen her. What other ship of any navy has had the round the world pr value of Hood? Think of the reconfigurations she has gone through over the years. What other ship has fans attracted so by her appearance? If you look at her as she appears today, very much in existence beneath the Denmark strait, her graceful lines are still apparent.
The Hood is not only my favorite British ship of the period, but is at the top of my list overall. If you would compare the following Hood has in the modelling community alone with the others listed, it would indicate the regard this ship is held in to this day.