The value of digital production equipment, besides cost savings, is the increase in productivity. Several of us were sitting around one of the first digital workstations (the Studer one, if memory serves), and we couldn't think of anything you could do with it in the way of production that you couldn't do with scissors, two track tape, and a multitrack machine; keeping the cart result at third generation or better. But, the time involved would be so great that things simply weren't done even though they were within the realm of possibility. The productivity of the creative types was greatly enhanced by workstations.
The last Tomcat recorder I bought ran just over $6 thousand, and that was in 1980something dollars. Which is what, maybe 9 Large today? I don't think I can spend 9K on a good digital workstation including software and hardware, in today's dollars.
I purely do not miss doling out stylii to the jocks every 90 days, and telling them they had to replace them out of pocket if they tore them up sooner. Replacing cue - burned 45s in the play bins never was my idea of stimulating labor. It only takes maybe a year of Monday weekly PMI on the cart machines to realize you have a pretty good feel for how they work and what keeps them going. The zen of a lumpy ider roller on a Cue-Master escapes me entirely. As does balancing the bias on a Level Devil daily so it ran reasonably undistorted (and reasonably is a relative term!)
I >do< miss the precision the operators learned when they had to work with this equipment. Gross level errors were unacceptable, because they'd make the station sound really lousy. Tight cues kept the pace lively and the flow 'hi energy'. They still do, and the place still sounds better when the meters are where they ought to be. But sloppiness seems to be at least tolerated in many outlets. If you listen, though, you can pick the ones where it isn't allowed. It may be anecdotal, but it seems to me, the better soundong ones tend to be the ones where the owner(s) are within the coverage area of the station.