Although I much prefer Blur, I don't see how Noel admitting that he's influenced by the Kinks shows that they're crap. Surely every band goes through stages of being influenced by different bands. For example, Blur were influenced by the Kinks during Parklife/The Great Escape, by Pavement during the Blur album and by African music on Thinktank. If you listen to the last three Blur albums there's barely any Kink-esque stuff on there.
Anyway, none of this excuses Oasis from being unable to write a decent tune since Morning Glory (and come on, admit it, that includes the new album!)