Definitely. For example, I was quite disappointed to find that the Blu-ray releases of Neon Genesis Evangelion don’t include the various renditions of “Fly Me to the Moon” over the end credits, though they’re present on the platinum collection DVD release.
The sentiment is understandable, if you’re a young person just starting your adult life. Capitalism rewards early adopters, and we’re basically in the end-game globally, with most of the capital already concentrated in the upper echelons of power. It would be easy to see that as a fundamental disadvantage if you’re buried under student debt, with no hope of entering the over-inflated housing market, for example.
The advice of the older generations that have prospered under the current economic regime no longer seems to hold true for most young people, so can you blame them for their doubt?
Well, the "spending all my money" part hasn't changed at all, in fact depending on the format you're interested in, that may be the defining characteristic of your experience.
The wholesomeness of Friday Night Magic is highly dependent on what your LGS scene happens to be like though, that part hasn't changed too much.
Magic's player base is bigger and more vibrant than it's ever been, and I think by most metrics Limited (Draft, Sealed) and Casual (e.g. Commander) formats are more fun and accessible than they've ever been before. For older formats like Legacy and Vintage (even Modern to an extent), card availability can present an insurmountable financial obstacle to play, unfortunately.