Nope.
For one, I have little interest in quick kill shooters like CoD, where you run around a small, cramped map and press a button when you see something move. Its not fun. Whilst you might die as fast in a Battlefield or Counter Strike game whilst being shot at, there is at least a greater average time of not being shot at, and IMO the map design is better in those games too. If I want mindless action, I'll play BF3 - a game that looks good, whilst providing that mindless action link. Normally I'd play BF2 instead, but I've played way too much of that by now.
For two, it will be ridiculously overpriced for what it is on release, and won't drop price fast. For the tiny amount that changes between CoD games, I don't see much reason for the massive price tag. Supply and demand is one thing, but after demand has dropped and there are 50 or so copies just sitting on my local store's shelf, it shouldn't still be $90+ [Australia, FML]. If I ever decided that I did want to play CoD, I would just get one of the older ones for pretty much the exact same experience, only cheaper.
Finally, yes, I hate it because its popular. Not in the sense that I hate its popularity, but that I've grown to hate it from all the people I overhear constantly talking about their 15 killstreak 360 noscope rampage or whathaveyou, and I was sick of the game before I'd even tried it. The story is nothing special, and the multiplayer... No. So, no, no reason for me to get it. I'll stick with Dishonoured, and another upgrade to my Gaming PC - though I'm running out of things to upgrade now - instead.
