I think that most people believe that it's an illusion - a skill one can learn and practice. If you want to claim that what you do is real magic, then that's fine. Most people will know it's not, but (imo) will be amused.
There is the "willing suspension of disbelief" theory by Samuel Taylor Coleridge, which basically states: "You know it's not real. You know it can't be real. But to be able to enjoy it, accept that it is real until it is over." It's putting reality and logic on hold to enjoy something, whether it is a Tolkien book, a Star Wars movie, or a magic trick.
Of course, the burden of willingly suspending disbelief falls on each audience member individually. They're reactions to your claims will vary. The people that say "Bite me. That's just a trick," are likely to be the same ones that point out logic flaws in movies. They'll be watching for the "how" and miss the "what."
There are two beliefs, or two reactions if you want. Emotional-belief and interlectual-belief. If you approach people, and with the right presentation, you can actually suspend their interlectual beliefs and knowledge, and make them react emotionally.
Everyone will be critical at first, but if you show them something, that they cannot find any logical explanation to, you wreck havoc in their mind, and their reaction cannot be interlectual, because they cannot find an answer, but rather emotional.
If you then get an emotional reaction, and you explain it such as "ah it's all sleight of hand", what a turnoff, any audience will feel not only disappointed, but stupid.
Also the presentation must be right. If they don't like you, they can just decide "bah, I'm not fooled, it's just a trick" even tho he cannot find any logical solution. Bottom line, if that happens, you have still failed.
There's a basic saying that goes "if they like you they'll like your magic", which is a little simple-minded in my opinion, but I do believe that if they like you, they'll be interested in your magic.