I was born in 1981 and grew up with Nintendo (the first one) and the first Game Boy. I'm positively delighted that younger generations are appreciating 80s games and that some are developing new ones in homage to them. The 16-bit revival is hella cool, producing beautiful visuals despite the limitations (there's something Zen about it).
On the other hand, some of those games were ridiculously and stupidly hard (still stuck in the coin-eating arcade mentality) and I'm flabbergasted that some people are so in love in crappy controls, no save states and ridiculously unforgiving difficulty settings. Shrug. There's nothing beautiful about the first 3d games with giant blocks for hands and I certainly hope that we won't get a revival for THOSE graphics (eg.: I can't go back to play Mario 64 or FF7 unless they give them a graphical update).