The romantics of chess has reason to rejoice. There has been a revival of the Kings Gambit in modern chess. GM’s like Hector, Short and Nakamura plays the Kings Gambit from time to time.
Here is a wonderful example of the Kings Gambit from Reykjavik Open 2013 were white, S. Jensen, with a mere 1909 in rating, plays IM Urkedal, with a rating of 2474. S. Jensen demolishes IM Urkedal in 21 moves! The rating difference is 564 rating points.
Links:
Kings Gambit Accepted chessgames.com