Back then, shifters were REAL shifters (thumbshifters, good ol' XT), brakes were real brakes (NON low profile cantilever brakes), there were no suspensions, no sloping top tube, all bearings were real bearing, no cartridge anything.
Seriously though, in the last years, with the arrival of V brakes, good version of SRAM shifters, cartridge bearings, and so on, bikes are getting even better. Like I said earlier, I bough a new one this year (mountain bike converted for city riding), and it is amazing how things changed in the last 15 years.
15 years!!! Wow, I'm 27 and this makes me feel old. Maybe I got into cycling too early.
Derf