Eh, that is the nostalgia ignoring how many crap seasons we had by the end of the previous regulations and how unbalanced F1 used to be.
The real issue is the cars are just too big and heavy. There was a point in time when you could pass someone even in Monaco.
Lewis vs Nico was at least crazy entertaining. Then there was a Vettel threat one year, then there was the Max vs. Lewis era...