No doubt. My 12v Porter Cable, 14.4V Milwaukee, 18V Milwaukee all became low-end, garbage when the batteries died, no new tools came out in that line, and there was no backwards compatibility with newer batteries.
I admit that if I spent a lot of time building decks the calculus would change. Given that I'm rarely more than 6 feet from a wall plug, my made in Japan Makita corded drill (had it for 40 years?) and made in Switzerland Milwaukee hammer drill will serve. I'm giving a new pair of M12 tools (stubby impact + ratchet) a try since I don't want to deal with an air compressor, but that's about as deep into cordless as I need to get.
Both those statements are accurate, you probably dont need it and the tools in the ist list are long obsolete. There have been changes, when the 12, the 14.4, I had both from the 9.6, 2 at a time, they were worn out well before the PC we paid 50 for in 2020 was even invented. They were all in the 150 range when they were new and we **** about a battery should have been squat,, I delayed a long time when I should have replaced but my 28 is well north of 15 yrs of hard labor, brutally wore out 3 drills, completely replaced wrist busters, some of the batteries take 1000's of charges, did **** with them, bought second tools. My only regrets are the impacts, they were early and not so good.
My old is still in service, a cordless sawzall is a thing of beauty, 2 is better. I hadnt used much new, the other last so long and I was really committed to an upgrade to some new lighter for lighter work, the old is good but gets old fast due to weight. I had been pontificating about it when I score a PC at Wally for my 12 yr old, I outright cant believe how good it works and its become the go to, I got to get another and the driver. Its already returned its cost and no sign it is going to change soon. Became fully integrated, got no problem drilling the occasional hole 3/8 in steel.
I aint worried about 10 yr batteries and not being disposable. Only downside is no gage and I solve it by shoving a battery in if we head off on an adventure, only even ran it out once or 2x since we had it using it on an earth auger and dozens of holes.
If you ask me 20 yrs ago if I would ever use a 50$ drill more than my 250 one I would have said no way, I would have to look for my old air drill. Used this to drill 1 1/2 inch thru a tractor block in close quarters the other day.