If we're going by CPI-adjusted MSRP, my grandfather's '79 Fuji America cost about the same as my '16 Emonda ALR. I've had the America for slightly longer, and have clocked a few more miles on it. I don't dislike any of my bikes, they each have their own character.

Performance isn't dramatically different between the two. On flattish riding, it's pretty much a wash. And the America if anything usually feels a smidge nicer on the pedaling... it sometimes makes me feel like I've got a bit of extra torque in the quads. The Emonda's lighter weight gives it a percent or two edge on climbs, and on punchy short variable hills the STI shifting can grow that lead a bit further. In extremely fast group-ride circumstances, the Emonda's higher top-end gearing can also be beneficial, although speeds need to climb pretty high for that to be the case... usually when road bikes are going fast enough downhill to spin me out on the America, there's enough draft to tuck and coast, although recumbents or tandems on shallow descents can change that situation.