I don't think they really miss lacquer, they miss how they could get it to look after buffing, how easy it was to apply with inexpensive equiptment and without a very good painting area, and not having to worry as much about what the temperature was. I've heard old timers make statements like you could probably spray it on with a squirt bottle and still make it look good. Urethane some people don't like, cause it looks plasticy to them and it has and urethane peel (been discusses recently and in past threads) As far as lacquer or urethane, the urethane is a far better system, lot less upkeep, lot more durable, resisitant to chemicals. The urethanes it is critical for you to paint in a warm shop, protect yourself well when spraying ect. But the paint itself is so much better then lacquer in most regards. And you would have a tough time finding lacquer today due to it being phased out by environmental regulations. Lacquer required many coats to be sprayed, but urethane generally only 2-3 are sprayed. So if you hear someone say they want 10 coats of clear on there car and buffed out like a mirror, they are misinformed. May have been the true in the lacquer days, but you wouldn't want that much urethane sprayed as it would be of no benefit at all and make it a more problem prone paint job then having a only a few coats.