I don't think it should be ignored completely. True more and more people type (or text...a completely different subject and language there). There is something to be proud with good penmanship.
When we get an applicant here, there are certain parts that ask you to write down answers (for some reason HR wants this), and lately there are more and more people with such horrid handwriting it really should be shameful. Sometimes completely illegible shit is on these forms. We have declined further interviews just because of this. If we can't read wtf you are trying to say, or at least make it look like you are tyring, then we don't bother. Frankly, I don't mind that either.
I want to be able to read estimate reports (that more often or not, are done in on lcation sans computer). That stuff has to be legible, cursive or not.
I see it as a degree of laziness when people have shitty handwriting, cursive or otherwise.