I don't totally agree with that. I've been maintaining currency nearly continuously since I got the rating in 1988 equipped /A (Dual NavComms both w/GS, DME, ADF, Mode C transponder plus LORAN for added awareness changed to non approved GPS when they turned off the transmitters on the LORAN. Recently installed an IFR 430W mostly because of recent airspace changes (G to E) on many of my often flown routes that we flew for years with VORs & ADF beyond navaid service volumes in uncontrolled airspace.
Here's the thing, I used to have to deal with that and accept the elevated risks. Now I don't. We are a technically brilliant species that can solve any problem. We just value money more than progress and life.