I ride a 1985 KHS John Howard bike and I wouldnt trade it for anything in all the world. It's light and fast and it looks great. Newer almost never means better. I also have a Giant 'Attraction' MTB I found on the side of the road that I put back together and kick around town on. Wouldn't trade that one for all the tea in China. I can't tell you how many no name nothing bikes I have put back together for the neighborhood kids, I am just glad kids still ride bikes.
So what's it all mean Capt Ron? Well, nobody knows...keep it simple and don't be afraid to ride an old bike, just ride...