Well the current recording is imo a lot clearer and has a lot more frequency range that can be made use of. A lot of movie dialogue at the time had the bass frequencies cut off and there was an audible shelf where the FR dropped off. Orchestras in particular sounds more full and more involving on well done movies.
As for movies, I feel that the older movies were exciting because I saw a lot of stuff that was more original. Because color and moving pictures were in still being developed so new groundbreaking styles were just being invented. So acting styles, filming styles and pacing was different. Sometimes the pacing was ponderous but sometimes the slowed down pacing is a welcome relaxation.
Having said that, as of late there's been some absolutely fantastic entertainement. I've enjoyed tons of tv shows on Netflix. The access to great movies is now a click away. I've found that nowadays when I watch a movie I tend to enjoy nearly every one. It definitely didn't use to be that way. Most of the stuff I watched decades ago had me bored or just plain confused - especially in the 80's. Try First Man.
You might enjoy that one if you like stuff about the moon landings.