COBOL.Net is NUTS!!

Just read an article about COBOL.Net.....who would really want to subject themselves to this horror.

Let's take the sample code in C#:

private void button1_Click(object sender, System.EventArgs e)
{
   button1.Text = "Call COBOL";
}

Now here is the same method in COBOL:

METHOD-ID. button1_Click PRIVATE.
DATA DIVISION.
LINKAGE SECTION.
01 sender OBJECT REFERENCE CLASS-OBJECT.
01 e OBJECT REFERENCE CLASS-EVENTARGS.
PROCEDURE DIVISION USING BY VALUE sender e.
   SET PROP-TEXT OF button1 TO "Call COBOL".
END METHOD button1_Click.

Am I the only one that finds this maddening. OK, OK, for the record there are still more lines of COBOL running then any other language. It could be that COBOL is just that great or it could be the fear of re-engineering systems are working just fine.

Any thoughs?