I'm afraid that the feeling of magic if (was) a phenomenon related to passing the boundary between the "black and white" and "full color" worlds, not the "full color" world itself.

What we have now easily available offers much more unlimited possibilities. 24-bit color, 4K resolution, all the 3D you may care about, all the audio you may care about, gigabytes of RAM, terabytes of storage, easy programmability from tinker-friendly stuff like pygame or processing.org or löve to world-construction kits like Godot. Or the whole Web thing. All available at a trivial cost or free. Where's the magic though?

I think that much of the "magic" feeling comes from pushing things to the limit, and beyond. This requires a limited possibility. Basically all art is built around some kind of a limitation and playing with it.

(Being young and having time to tinker with hardware just for the joy of the audiovisual effects goes without saying.)