> All the actually useful things
You're pre-emptively trying to define what's useful for everybody else. That's the only way your premise works.
In my equally subjective view, XMLHttpRequest radically altered and improved the useful things you can do with the Web.
You can't use a 90s browser for Google Maps, Gmail, YouTube, nearly any online productivity software, and dozens of other common activities on the Web today. You would have to strip the services down to make them work, ie turn them into completely different products.
Simply put, most of the things most people do online today, can't function in a 90s browser. Just try using IE 5 or Netscape 4 with nearly any of the major Web services today. You can't. IE 5 with Facebook's non-mobile site? You have to build an entirely different product to make that work, basic interactivity drops to near zero.
1990s MapQuest sucked, big time. Google Maps is a radical improvement. How about simple things, such as smooth, fast, highly interactive stock charts, or real-time updating stock quotes, without having to reload the page constantly? 1998 browser? Nope.
Would the user experience be better if everything on the Web adhered to strict 1998 standards? That's an obviously subjective opinion. I don't think so. Do people like to see instant previews of the content they're about to post to Facebook or Twitter? When they click the little upvote arrow, do they like to see an appropriate reaction? When posting basic content or interacting with simple site features, do they like having to reload the entire page?