I don't believe our way of thinking has changed too much.
I had Dynaco separates, Garrard TT, Shure cartridge, Ampex R-T-R, Advent Speakers, some Tuner, and headphones. I was young (16) but working, so I decided I didn't want to settle for a receiver. However, this system was the best I could afford and it sounded good for my small apartment room. However, there was lots of high-end stuff out there back then.
Today, I have the same kind of stuff but it sounds much better and yea, it's more expensive. I own an integrated amp, that is custom, but still a throwback to the sixties. It is the opposite of complicated and saves me space.
I have never found a decent substitution for my long gone Ampex reel-to-reel. A long void of cassettes. I recently purchased a DAC, it's small with one selector knob on it. Simple. I also got a Squeezebox Touch. Way simple. Soon, I will start playing music files that are stored on a drive. This is all plug-and-play to me, and we finally have quality recorded music.
There are sound lovers, music lovers, and sound and music lovers. This has not changed.