The best thing about "The Good Old Days" is remembering them they way we want, not the way they really were.
I managed a gun store / indoor shooting range in the early 1980's. The quality of S&W revolvers sucked so bad we had to send many back for repair before we would put them out to sell.
I have a beautiful, unfired nib S&W Model 25-5 4" barrel with blue finish. Sure is a nice looking gun. Probably will not shoot worth a hoot as the cylinder throats are way oversize. I brought it when they first came out as a duty gun but department policy required .38 or .357 so I never shot it. After I learned about the oversize throat problem left it as a safe queen. I'll sell it one day to someone that ohs and aws about the bluing, wood grips, pinned barrel being in the box with the paperwork.
In 1996 I brought my grail gun...a new nickel plated Colt SAA in 45 Colt. Absolutely a total piece of junk. Nickel peeled off the gun, cylinder throats .457 - .458". Even Bob Munden could not get it shoot accurately. Colt refused to do anything about the cylinder returning it with a note saying the gun was within specs.
Personally I also think we are living in
"The Golden Age of Firearms."
For those of us that live in Free States we can pretty much buy anything we want given our bank account can stand it.
You want a rifle with wonderful bright blue finish and beautiful well figured walnut? Just buy one. They are out there. In fact with the Internet, Firearm Discussion Forums and Gunbroker you probably will not have to search very long.
Or how about a weatherproof stainless steel rifle with synthetic stock and high quality optics that will survive a two week hunting trip in rainy, cold weather such as the Northwest or Alaska with no maintenance? Again easy to find with lot of choices.
Handguns? How much can your bank account stand? How about a Freedom Arms Single Action Revolver? Arguably the highest quality S.A. made. Or a custom 1911 from Wilson Combat?
On the other end for a inexpensive (not cheap quality), reliable simple to operate pistol look no farther than the High Point C9. The dang things work well and are accurate enough to hit the intended target. YouTube videos show them doing incredibly stupid things to them to make them quit working and the dang things "take a licking and keep on ticking."
It was not that long ago that a new 1911 needed a trip to gunsmith before they were reliable for self-defense.
Each generation and sexes have different preferences. I don't particularly care for the polymer, striker fired semi-autos. However my wife loves her S&W M&P 9mm. (Since I believe "2 is 1 and 1 is None" I sucked up and brought her a second one as backup).
I am trying to adjust to Smith & Wesson new revolvers with the two piece barrel and other changes. The biggest reason I have not brought one is I absolutely hate the Internal Lock. However my interest in the Model 69 keeps growing and if I take the plunge I will remove the I.L. (and wonder why I brought the dang thing when shooting it).