For sure, though I think a couple of things make it weird to me. Games changed a lot more in that early period, I think. Plus a lot of games in the PS3 / 360 era seem to just get rereleased slightly differently every few years which kind of makes it seem like we never left that generation.
That is true, it was the first truly modern console generation.
Ultimately I think retro gaming is rooted in nostalgia. People will always gravitate to the consoles they grew up with, making them “retro.” Probably why those rereleases do well.
I’m curious to see what happens in 10-15 years when games-as-a-service hits that point, and how the retrogaming community deals with that. With games like Halo 3 being a stretch now, I can’t imagine a world where Fortnite and Super Mario World exist in the same category.