Probably true.
I dislike the thought of having computerized, power-dependent, battery-powered stuff when conventional film does just fine (and doesn't need batteries) but there are some very cool products coming out now in the field of digital photography. The raw file resolution now is starting to get (on the high-end cameras) even better than what a fine-grain traditional film could capture. So there's actually more information in each image. That's quite an accomplishment and can lead (assuming we continue to trend this way) to some amazingly high-resolution enlargements/large format imagery in the future.
My brother just got a new Cannon body as an engagement present - think it was 12.5 megapixels or thereabouts - that's pretty gosh-darned good. The professional SLRs I think are up around 15.0, which is pretty amazing. And they continue to improve...
I still do like the simplicity of my good ol' Pentax K1000 35mm though. Simple, mechanical, easy, reliable. Just like my 911.