Good OP, Terry.
We tend to remember only the best parts of the past, whilst at the same time being neophobic (meaning: fear of change or anything new).
So, for me, 70s and 80s films are better than the crap Hollywood serves us today. I don't know how true that sentiment is but it's definitely my feeling.
I also think Diego Maradona, Eric Cantona and Zinedine Zidane are better soccer players than Cristiano Ronaldo and Lionel Messi for the same reason.