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For a more modern chip, use TL071/TL081 general-purpose JFET opamp, costs $0.55-$0.61 in DIP.

I actually think that novice hobbyists are better off with the venerable 741 because there is just so much clear and concise documentation on it's use in hobby projects that have accumulated over the years. Once you have a grasp of what the different specifications mean, then it's easy to make the jump to other more modern chips with better performance.

Yes. The 741 data sheet says "The amplifiers offer many features which make their application nearly foolproof: overload protection on the input and output, no latch-up when the common-mode range is exceeded,as well as freedom from oscillations." The newer TL07/TL08 series has 3x the bandwidth (to 3MHz) and can be trimmed to higher precision, but comes with more PC board layout restrictions on the data sheet. For solderless breadboard use, the lower-bandwidth part may be easier to deal with.

(I haven't played with op-amps in years. Back in the 1990s, I tried to build a LIDAR, but I needed more expensive RF-type test gear than I could afford.)

When you can get a 100 MHz opamp for $15 today, 3 MHz is low bandwidth. But I agree, anything faster than TL07/TL08 would be problematic on a breadboard.

On the other hand, a small double-layer circuit board can be as low as $5 nowadays.

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