Yeah but things like Magit and HELM and Hydra have existed for a much shorter period of time. The EMACS ecosystem has grown immensely in the last few years.
The modern editors take "mod-ability" to the next level because of tighter integration with the graphical chroming. (E.g., it would probably not be very straightforward to have a minimap 30 years ago.)
You are underestimating emacs a lot (even if we talk about 30y ago)