I remember a few things about the generation change in 1995.
first, this teaching was a huge deal. It was always used whenever 1914 was mentioned as the start of the last days, and it was particularly popular in the late 80's early 90's. My brother had a stock presentation he would use at the doors as a pioneer, and the generation scripture was always the clincher.
however I do remember when I was younger and we were in a meeting and this scripture was used. I read the context of the scripture and leaned over to my mother and whispered 'couldn't this generation just mean a nonspecific group of people?' She sort of nodded, suggesting it was too deep to discuss then. I never brought it up again, but decided that the witnesses were applying it too specifically (as with so many things). I generally was never a true believer and took many of their teachings with a grain of salt.
so the generation change came along and I felt vindicated somewhat. I was like 'of course they changed it. They had to, time was running out, and unless they wanted the religion to fizzle away, they had to change it.'
It seemed like people didn't want to talk about it. Maybe they were scared of what they would say. They didn't want to sound negative. But I was surprised one day in a car group in service, a big SUV that was packed, this older sister with health problems and a loud voice said 'Can you believe this new Watchtower? It sounds like this old system can just go on and on, now! I can't believe it, I SOO wanted to live to see the paradise!!!' She was so discouraged. I felt bad for her, but also enjoyed that someone was being honest about how they felt.
Shortly after this, I was in an airport shop with my husband and father waiting for a flight, and I picked up Time magazine. There was a weekly short religious column at that time (Jojo I loved that Newsweek article by the way, thanks for finding it!) The Time column was about the generation change, and it mentioned 1975, and the end comment was 'It remains to be seen how witnesses will respond to this disappointment and if their numbers will significantly decline.' That comment made me slightly mad, because even if I wasnt a true believer, I was a loyalist. I tried to show the article to my father, he wasn't interested. My husband barely acknowledged it either. frustrating for me, because I always liked to discuss controversial stuff.
But with a swift pitch, that scripture stopped being used at the door and was rarely used at meetings. The absence of it seemed strange, like something was missing, The train of reasoning they had used for so long was missing the last stop.