Michael Caine uses English in a manner that sounds refined; English people don't. There's a Family Guy episode that hits my attitude on English people speaking English very well.
As far as Eddie Izzard discussing the dropping of the h in "herbs" in American English, see Ratman's post, as well as said Family Guy episode. "Ello, Ow are you? I'm aving a orrible time myself."
As far as bastardizing it goes, if I could "know better," I'd still speak any way different that I could. Whatever accent any English speaking country that's not England has, you don't really have anyone to blame but yourselves for putting that language there in the first place.
Maybe that's just the hangover speaking.
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