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...IMO, There is no such thing as modern vs classic lighting. There is only lighting. If you don't understand the basics than you don't know lighting....
First we emulate, then we create. ...The masters (of anything) understand the what/why they do what they do ... not just the "do this, do that" because it worked for someone else.
I agree that emulating the masters is a great foundation from which one can grow. In traditional Japanese martial arts the progression is called shu-ha-ri: "mimic the form, live the form, abandon form" more or less.
But I disagree that there's no such thing as classic versus modern lighting. You wouldn't see "the ring-light look" in 1940s photographs, because the ring-light didn't exist back then; just as you won't find aerial bombardment in the tactics of Yagyu Shinkage Ryu Hyoho, because the airplane didn't exist when that classical martial art was systematized.
There is, however, value in the modernist learning the classical arts and ways, whatever the field of endeavor, and seeking out a master of the classical ways from whom to learn can be worth the effort.