Accurately modeling individual vehicle behavior in microscopic traffic simulation remains a key challenge in intelligent transportation systems, as it requires vehicles to realistically generate and respond to complex traffic phenomena such as phantom traffic jams. While traditional human driver simulation models offer computational tractability, they do so by abstracting away the very complexity that defines human driving. On the other hand, recent advances in infrastructure-mounted camera-based roadway sensing have enabled the extraction of vehicle trajectory data, presenting an opportunity to shift toward generative, agent-based models. Yet, a major bottleneck remains: most existing datasets are either overly sanitized or lack standardization, failing to reflect the noisy, imperfect nature of real-world sensing. Unlike data from vehicle-mounted sensors-which can mitigate sensing artifacts like occlusion through overlapping fields of view and sensor fusion-infrastructure-based sensors surface a messier, more practical view of challenges that traffic engineers encounter. To this end, we present the I-24 MOTION Scenario Dataset (I24-MSD)-a standardized, curated dataset designed to preserve a realistic level of sensor imperfection, embracing these errors as part of the learning problem rather than an obstacle to overcome purely from preprocessing. Drawing from noise-aware learning strategies in computer vision, we further adapt existing generative models in the autonomous driving community for I24-MSD with noise-aware loss functions. Our results show that such models not only outperform traditional baselines in realism but also benefit from explicitly engaging with, rather than suppressing, data imperfection. We view I24-MSD as a stepping stone toward a new generation of microscopic traffic simulation that embraces the real-world challenges and is better aligned with practical needs.