I just had this same conversation with a colleague. The old internet was really the civilized wild west. All the idealogical virtue of sharing and learning was plentiful and you had to have some basic technical skill to contribute or be involved enough to learn how to do it. Now, any curmudgeon can post whatever brain farts pop out with a frequency that only rivals that of their actual mouths.
Maybe the nice thing about the old internet was that it felt distinct from the rest of life, instead of an integral part of it - or, frighteningly, much of the foundation. Bad things happened on the internet (or AOL, Prodigy, etc.) in 1994 but then I just signed off and went about my day. Also, it felt like something most people hadn't quite figured out yet and, well, of course it was going to attract eccentrics of all stripes - including some less savoury ones.
I loved the internet, and Prodigy, when I was a kid in the 90's and 12 year old me would be shocked to hear that sometimes I dream of going to a cabin with just a landline, radio, and desk for writing letters for a month.
Wow, you exactly nailed how it felt back then.
You mentally switched modes “ok, now I’m online”, and it felt distinctly from “real life”, mostly because accessing it was hard (compared to the present).
I think the problem with current internet is that life outside is mostly the same as in 20-30 years ago, and we have artificially overvalued internet presence (youtubers, influencers, online tracking, data leaks, etc)