Games: Objectively Subjective. Some are great. Like really, really great. Doesn't matter when they were made, there was just quality, inspiration, follow-through, and good design all laced together. The earlier games had to try and bring this about, as there was less focus on games as a capitalist venture, and so had to make sure their backing was worth it. Now, games have to turn more of a profit, so there's much more of the guaranteed coming out, but this does not demean the newer games with a well developed and produced idea. There are phenomenal old games, and there are extraordinary modern games. There is also a ton of rubbish sprinkled throughout the ages.
(Coincidentally, has gaming been around long enough that we can use the phrase "contemporary gaming"? Or should we still wait on that for a bit?)