People that build crypto after reading Applied Cryptography are doing a fine job paying for my kids college education, so I agree with you and encourage everyone to do likewise.
If you don't happen to like my kids, well, first, screw you, and secondly: buy _Practical Cryptography_ or _Cryptography Engineering_ (really the same book) and burn your copy of "Applied".
There's nothing wrong with Applied Cryptography so long as you _understand_ it. If you blindly apply outdated algorithms, yes, you lose. Everyone should read both Applied Cryptography _and_ the other books you mentioned, and keep up on the literature besides.
No, there's a lot wrong with _Applied Cryptography_, and those things have very little to do with the fact that AC writes about IDEA and not AES.
If you read _Practical Cryptography_, you don't need to read _Applied Cryptography_. AC is a book full of trivia, and of encyclopedia-style descriptions of random block ciphers with minimal attention given to the actual real-world attacks on implementations of those ciphers.
I strongly advise that you not waste time reading AC. If you're lucky, you can read it and just lose time; if you're unlucky --- and a lot of my clients have been --- you can find yourself having learned stuff you'll later need to unlearn.
If you don't happen to like my kids, well, first, screw you, and secondly: buy _Practical Cryptography_ or _Cryptography Engineering_ (really the same book) and burn your copy of "Applied".