Regardless of the equipment used the very basics; location, presentation and decent bait, coupled with that indefinable "watercraft" are as important today as they ever were.
I thoroughly enjoy using a split cane rod and a vintage reel, on occasion, and catch just a much as when I use a modern carboniferous rod and reel.
Is such equipment "better" or just "different" either way they are a great reminder of how far out sport has progressed over the decades?
PS: I doubt I have ever seen anyone fishing with a piece of "bent cane" but in order to know where we are going then maybe, just maybe, it is both logical (and intelligent?) to have learned and understood from whence we came?