Why the spinning mass technology being "century old" (more like "millennia old" but anyways) is a problem somehow? The Newton's First Law didn't change much in the time that has passed.
Anyone who tried to "respond to oscillations in milliseconds" knows how hard that problem is because the force you apply is integrated twice before it takes effect. Try stabilizing a swing by pushing it's forward when it's behind the equilibrium point and pushing it backward when it's ahead of it. Now imagine a grid of swings connected by rubber bands and a distributed system of independent actors responding to oscillations. There are much more ways in which this system can diverge rather then converge.
Time may prove me wrong, but the arguments like "spinning mass is old therefore should be replaced" certainly won't.