I have a BS (no jokes please) in Government, i.e. in college I studied governments--comparitively, analytically, behaviorally, historically, etc. All of which means:
all I know [i:5206d4ab9d]for sure[/i:5206d4ab9d] is that this question defies an easy answer. [i:5206d4ab9d]Today[/i:5206d4ab9d] I voted with the affirmative. But my hold on that opinion is far from iron-like or without qualifications.
Just some random observations:
1) I do, in fact, approve (today's opinion remember) of the American Rebellion. "Revolution" is a misnomer, or rather a self-consciously radical, Jacobin (in spirit; I know such a label is slightly ananchronistic), "freethinker" friendly term for the War of Independence. The fact that "Revolutionary" is the war's most common descriptor today shows how far Enlightenment thought has triumphed over other, more biblical categories (and names).
An argument can unquestionably be made that "lesser magistrates" led this rebellion and that it had some semblance of being orderly and proper (rather the opposite of a revolution: a spinning things around and overturning them). Whether their view received Divine approbation at the Judgment Seat is less certain. No truth-appeal can be made from the "facts of history" (the "is") to the "ought."
2) Please, if you are tempted, do not fall prey to the Marxian error of economic/financial determinism, or the related fallacy of making monetary matters the principal issue in your understanding of this whole affair. Yes, they were there and deserve note, not least for which prominent figures [i:5206d4ab9d]were[/i:5206d4ab9d] so motivted. But they were not (could not have been!) a deciding factor in raising up a volunteer army that fought and ultimately threw out an army of invaders and mercenaries.
3) The phrase "no taxation without representation" should have its emphasis on the "representation" aspect. This was a fundamental right of Englishmen, and it was being trod underfoot. "The power to tax is the power to destroy" was a principle well understood by the colonists [i:5206d4ab9d]and their properly constituted leadership.[/i:5206d4ab9d] The fact that they were so quick to defend their (English) rights at such a (modest, 2sh. vs. 26sh!) point of attack only shows that they were much closer to "all or nothing" kinds of thinkers than their brothers across the sea, or even us today.
This is not to say that they are to be (automatically) judged [i:5206d4ab9d]precipitous[/i:5206d4ab9d] in their conduct, as if the lawless radicals, dressed up like Indians (identities hidden like kidnapping, beheading, poseurs for Al Jazeera today), who put on the Boston Tea Party, typified the colonial mindset. Significant efforts at redress for the many colonial grievances were proceeding and had been pursued within the English system. And perhaps even greater efforts should have been made, and war avoided. But that is a hard call to make, for us so far removed from the complex events of those days.
4) I found a choice quotation from an aged W.o.I. veteran, probably a New Englander (the preferred [i:5206d4ab9d]reasons[/i:5206d4ab9d] for undertaking the conflict varied, sometimes significantly, colony by colony), who many years after the events was interviewed for his recollections of the conflict. It was amusing to read the discomfiture of the idealistic interviewer--heavily influenced by the Enlightenment and Romantic thought-patterns, and the "standard" explanations current in his own day's p-c education and culture, as he pressed his veteran for the latter's supposed idealistic and economic rationales for taking up arms against the Empire's regulars. The old man scoffed at his interviewer's naivete. "We had always governed ourselves [for well over a century in most cases], and they didn't mean we should."
The abolishing of legislatures had led to civil war in England barely a century prior. Why were their grandchildren surprised (Edmund Burke wasn't) when the same right to resistance was claimed by their fellows?
5) Would I have taken up arms in 1776? I have no idea. None. I can't possibly fathom all the factors that would have impacted my decision-making process. I can't even rely on my "personality" to guide my guess, or my religious beliefs. Nor the fact that I am a veteran. I can just as easily see myself on either side on the sidelines, or running away with or without a "side." Conversely, I can really only see myself in the ranks of the Rebel combatants.