Hello Prem!
Of course, exotics have always been in every era. Agree with what you have to say about the EMT; its legendary.
But can we expect the same level of engineering (also need to discount the level of technology to be available back in those days to our disposal) which went into- say an SL-1200 at that price and meant for a normal consumer?
And most importantly, not to forget is the fact that most newer designs are based on the designs and principles which were actually either perceived or developed back in those olden days. Since, the turntables were made primarily in that era only, they had a number of problems to tackle. Also, all 3 type of drives, i.e..idler, belt or direct drive, they all were invented back then only. No other drive system, IMO, has come in lately.
The Technics SP-10 was the first direct drive turntable ever available, at least to the consumer. Later, the direct drive went on to become one of the most preferred drive and the Industry standard too.
The speed accuracy of many turntables which were built at an affordable price is still hard to beat.
It is not a question of what the modern engineering 'can' achieve. It is about that how 'seriously' turntables were taken and how step by step all problems were tackled. And to tackle most turntable problems, the subtle engineering details that go into them is simply outstanding. It feels like as if life depended on it!
Hope, I have made my point clear.
Regards,
Saket