I confess that I did not wish to embrace modern technology for two reasons. There are certain sets of skills that I think are needed by every blacksmith that often times are not learned well if at all because it is easier to do things "the fast way." Also, my father was a cheapskate. There is no way around it. He bought the least expensive equipment that he could. That I think really turned me off of modern techniques.
I have had a good year in the forge, so much so, I splurged. I now have a power hammer, a very nice welder, a metal chop saw, and other assorted toys. I now realize that my distrust was unfounded and I have changed many of my opinions.
However, I still recommend having an excellent foundation in the basic and advanced skills first before one tries to make a living with a hammer. That then would be a good time to get all the toys.
Wind Chapman