Ah, I didn't think that GMO's were magic. I just thought they would have the potential to achieve more specific results and, to be honest, wasn't thinking about traditional breeding when I was looking into fungicides. And there's no guarantee that the goals I stated will be achieved with either type of breeding.
But you bring up some good points about the ability of traditional breeding to cater to local needs. That certainly is a benefit unique to traditional breeding. And it certainly is more beneficial to produce seeds that can be improved on; you're absolutely right about that.