Yes we teach it here, I personally feel it is very important...
For my older kids who learned cursive in 3rd gr. I required everything in cursive starting in 4th grade.
For my 9yr old.... I started her with cursive first in 1st grade, So she has used cursive for everything from the start.
For my 1st gr. DS ...he is using cursive first this year and will follow in his 9yr old sisters steps.
I have found that teaching cursive first works great. After they learn the cursive the printing is no problem, it comes easily.