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I think recording is not nearly as accessible as it was in the 1950s and '60s. We couldn't think about OWNING a studio but it was easy to get recorded virtually for free if you were any good at all. Even if you weren't, you could record very reasonably at most radio stations.
One thing that concerns me a lot is that most of the musical icons of the 1920s through the '70s could not have afforded to start a music career today. I'm not saying only poor people are good but I will say that we have a lots smaller talent pool to choose from today because of economics and the pitiful treatment of young musicians by promoters and clubs.
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