As far as cars are concerned, I think of the 80's as the time when we finally began coming out of the dark wilderness of the smog-restricted 70's. But the new for 1984 Corvette, with a 5.7 liter V8, put out roughly 205 horsepower... which is less than a 2.0 liter 4 cylinder WRX put out in 2004 (227). The 1985 3.0 liter V8 Ferrari 308 GTS put out about 230hp - so about the same as the 4 cylinder WRX produced twenty years later. But with that said, even though most of them don't fare well against modern cars horsepower or handling wise, I smile like a mad man when I see certain cars from the 80's: Jaguar XJS and XJ6, Porsche 911, 928 and 944, as well as most any Ferrari from that era (my favorite Ferraris).
Cars now are MUCH more reliable and efficient than the ones from the Go-Go 80's. Yep, they're now more complicated to work on. But with electronics, you can do some wild, wild things with relatively small, turbo engines. But since the 80's were so good to me and I liked that era so much, 80's cars still hold a special place in my heart. Styling wise, the cars from the 60's, like what Red XXX has, had probably the most beautiful styling in automotive history.