Great commentary, and very well written. I enjoyed that, thanks! I'm a child of the 70's and 80's, and 89 was certainly a pivotal year in the hobby/industry. I was buying cases of Donruss/Upper Deck/Fleer/Topps with the rest of them...and then DONE by the end of 90.
I do think there has been a complete resurgence in the hobby for my generation. I can't tell you how many times I have heard my exact same story. Collected as a kid...got out of it during the junk years...came back in their 30s & 40s as Ebay has now made getting those vintage cards that were so out of reach for us as a kid completely accessible. I wouldn't say its dying either, far from it...when I can go buy a 54 Topps Aaron PSA 8 for $100, I will concede...