Yeah I feel old too.

That behind said, I don't think a modern drawing tool is inherently less capable than an older one to produce magic. Digital painting used to have limitations in comparison with traditional technics, but a good 2d illustrator can do gorgeous drawings with a tablet nowadays.

When I see magic in animated movies, its when people do things by love and passions, and not for seeking additional profit. Flow and Arcane are examples of animation with such ingredients.