Without going into the gory details of which drive system is best or whether vintage turntables or cartridges are worse than, equal to, or better than modern ones, my opinion is that the biggest gains in vinyl reproduction over the last 45 years (roughly my tenure as a vinylphile) are with respect to the electronics. Modern well designed phono stages are just eons better than anything that was available back in the 70s or early 80s. With respect to solid state options, this is not even worth debating. Modern SS designs are in another universe from vintage, if only because modern transistors and ICs are faster and lower in distortion. With respect to tube phono stages, I would say the same is true. One, but only one, reason for this is the availability of much better parts with which to build these stages. Another reason is the evolution of design philosophy. I think the same is true of cables and power cords. These devices enable us to appreciate the virtues of vintage turntables and cartridges to an extent we did not dream of, back when they were current products. The same reasoning applies to linestages and amplifiers, of course. The very best speakers of yore still hold their own against modern efforts, provided the drivers are in good shape, in my opinion. But I do think there are more great speakers available these days than was the case 45 years ago. This is all without considering cost, which is slave to inflation over time.