Does today's technology make these vintage speakers obsolete?
What technology?
You will find that there were people with technical acumen back in the day, and people now with it.
You will not find cheap speakers today that have all problems addressed, and compromises optimised. But you will at a higher price point.
Now if you are not talking about cabinets and diffraction… and hence not talking about “speakers” and then referring more to “drivers”… then yes, the drivers are generally getting better. But you will also not find state of the art drivers sneaking their way into cheaper boxes.
But if one had vintage speakers, and lost a driver, then replacing them makes sense. But changing out compression drivers in horns can be a bit of a complicated DIY adventure. It is not always just a screwdriver job.