A mid-range fork today is so much better than a mid-range pogo-stick fork from the 90s.
Better forks & shocks as well as a slacker headtube-angle on most bikes today make todays bike a lot better to handle and ride, and inspire a lot more confidence than a bike from the 90s.
I do agree prices are high, but you do not have to have a $10k carbon bike to have fun or win races.