Yeah definitely! Is there any modern tools that can 1) run on native platform and 2) significantly improve dev experience? I guess the guys who developed Nox Archaist used some modern tools, and on DOS we might have something new because of a large retro community.
The more I think about it, the more I believe if someone can pull this off, although many skills learnt are useless in modern programming (like 6502 asm or 80286 asm or whatever tricks to get the games run smoothly on retro platforms), but the amount of effort definitely would pay off.
I don't think one needs to walk the full Carmack road. I think whoever goes from Shadowforge to Quake is impressive enough. Plus one does not need to implement all these games, many of them share similar engines.
(Bad formatting...)
June 22, 1996 Quake id Software GT Interactive Programming
May 31, 1996 Final Doom id Software GT Interactive Programming
October 30, 1995 Hexen: Beyond Heretic Raven Software id Software 3D engine
December 23, 1994 Heretic Raven Software id Software Engine programmer
September 30, 1994 Doom II: Hell on Earth id Software GT Interactive Programming
December 10, 1993 Doom id Software id Software Programming
1993 Shadowcaster Raven Software Origin Systems 3D engine
September 18, 1992 Spear of Destiny id Software FormGen Software engineer
May 5, 1992 Wolfenstein 3D id Software Apogee Software Programming
1991 Catacomb 3-D id Software Softdisk Programming
1991 Commander Keen in Aliens Ate My Babysitter! id Software FormGen Programming
December 15, 1991 Commander Keen in Goodbye, Galaxy! id Software Apogee Software Programming
1991 Commander Keen in Keen Dreams id Software Softdisk Programming
1991 Shadow Knights id Software Softdisk Design/programming
1991 Rescue Rover 2 id Software Softdisk Programmer
1991 Rescue Rover id Software Softdisk Programmer
1991 Hovertank 3D id Software Softdisk Programming
1991 Dangerous Dave in the Haunted Mansion id Software Softdisk Programming
1991 Dark Designs III: Retribution Softdisk Softdisk Programmer/designer
December 14, 1990 Commander Keen in Invasion of the Vorticons id Software Apogee Software Programming
1990 Slordax: The Unknown Enemy Softdisk Softdisk Programming
1990 Catacomb II Softdisk Softdisk Developer
1990 Catacomb Softdisk Softdisk Programmer
1990 Dark Designs II: Closing the Gate Softdisk Softdisk Programmer/designer
1990 Dark Designs: Grelminar's Staff John Carmack Softdisk Developer
1990 Tennis John Carmack Softdisk Developer
1990 Wraith: The Devil's Demise John Carmack Nite Owl Productions Developer
1989 Shadowforge John Carmack Nite Owl Productions Developer