Age is a feature, IMO. If it survived this long and is still such an important language -- that counts for a lot with me. It means I get to stand on the shoulders of 40+ years of research and development.
The libraries don't suck... there's just not the same proliferation of libraries that other languages have enjoyed. However, I find that the signal-to-noise ratio is much lower. In other words, there are few libraries but few of them suck.
(The lack of documentation however, is a problem, IMO).
Lisp is a good language. It's still a good language.
It has plenty of nice features, a uniform and simple syntax, great tools, and is fun.
I just wish more people were developing software with it these days. :)