Joined: Nov 2010
Posts: 6,035
Likes: 118
From: The Garden State
Bikes: 1917 Loomis, 1923 Rudge, 1930 Hercules Renown, 1947 Mclean, 1948 JA Holland, 1955 Hetchins, 1957 Carlton Flyer, 1962 Raleigh Sport, 1978&81 Raleigh Gomp GS', 2010 Raliegh Clubman
The is still some new ( and growing) lugged, fillet brazed or welded traditonally designed steel out there and of course the independents make some really nice stuff. So no, I'm not with you....I'm catagorically against everything you said. New or Vintage if it's good, it's good regardless of the age.
P.S. It's really easy to spend 3-4-5K or more on a vintage bike; Singers, Herse, Hetchins, Bates, Thanet all come to mind.