I live in a 225 year old house.
Only the first floor has central heat, it's drafty, there's no air conditioning, the plumbing is lousy and some of the rooms don't even have electricity.
It lacks comforts and qualities that many people find essential in modern life but yet we like it here, it's homey and we would never trade it for a modern house with all the bells and whistles.
Some people have the need for new, shiny and high tech, but that sort of thing does not necessary speak to everyone.
We all have our favorites, but when I pick a fly rod out to use for the day, you can bet my choice and reasoning to fish one rod over another would not be the same as the next guy's. We don't all have the same values.
My rods and reels may look old and cheap and dated, but they're practical and many of them have a different sort of value to me that others may not share.