In the same timeframe, we went from a 200 MHz Pentium MMX to a 1 GHz Pentium 3.
...and most if not all of your existing hardware and software would continue to work unchanged, in addition you got new features. I remember going from a 233MHz Pentium to a 2.4GHz P4 and pretty much everything was the same, just faster. The situation isn't so clear now.
To summarise, with the 90s to early 2000s each upgrade really was an upgrade. Now, not so much.