No, it's not dead, but it comes from a historical social tradition of treating women like objects, so I'm very leery of it. And I get kind of frustrated having chivalry imposed on me. I literally had to fight a friend who wanted to pay for my meal and my shopping. I like being able to open doors for people just as they open them for me, regardless of being male or female, young or old... whatever. If chivalry is not done in a spirit of mutuality and equality, I just refuse to accept it.
I don't feel that true chivalry should stand out or even be consciously noticeable. Small acts of kindness, yes. But constantly running ahead of me to pull open the door, repeatedly insisting on paying for dinner after I decline, and awkwardly standing by my chair after pulling it out... that just makes me feel uncomfortable. (I have had a guy try to help me with my coat before, and it felt like he was trying to strip me, even though he wasn't being pushy about it.) Things that do help me out genuinely - like carrying my bags - I often accept, and am grateful for. But things that are unnecessary and stand out too much just seems to me like self-conscious showing off. There is a such thing as trying too hard.
And a man who will only do those things for me and not for others is also missing something. I'm more impressed by a man who is kind to everyone than a man who treats me specially trying to "impress" me. But maybe that's just me.