There are digital reproductions of old typefaces that try to reproduce the actual weight on the page, but they seem to be not very popular with modern designers unless they are going for a deliberately archaic look.
By the late 1970s, people began to pay more heed to the actual printed shapes. I like early 20th-century typographic style and am always on the lookout for good type reproductions, but there are two other factors that come into play. One is that a font designed to look a certain way when press-printed won't look quite the same coming out of your laser printer. The other is that modern taste is for thinner lines. When I use a revival of a classic type, I want it to look at it did back when, but apparently I'm in the minority.