When you put "modern" or "new" into the name of a thing, you're basically announcing to the world that it was designed for the short term, and when it is no longer new it will no longer be relevant.
This is from the same company that brought us Windows NT (New Technology).
Adding "fast" is similarly fun, it's probably true when you came up with it, probably won't be true in the future anymore.
No. Modern like 1950's modern. Unadorned, functional.
1900s: Noveau - plant shapes. 1940s: deco - geometry. Windows XP: gradients, color. Windows Vista: semitransparency.
1950s, Windows 8: 'modern' - strip away unnecessary decoration.
Modern in the art & design world is actually quite retro.