I wouldn't trash gear just because it's old. We are enjoying very modest incremental improvements on analog equipment these days. They are real advances, but small and expensive. Some old troglodyte in the 1960s with a Decca cartridge, Garrard turntable, Quad tube amps and electrostatics* was having a pretty good time and one that would stand up today as being very respectable.
*I chose these as all are still made today, an indication of their solid design and performance.