A lot has changed. And a lot of photographer's are happy to set a camera dial to "black and white," happy with the outcome. I am not one of those photographers. I see value in converting the image to black and white, seeking a range of tones, with the ultimate goal to be that a print could not be determined if it were digital or wet dark room printed.
One of the things after converting an image to black and white, (and there are so many beautiful ways to do this) to really complete the image is burning and dodging, even slightly to bring out the white and deepen the blacks.
It may be quicker than the wet darkroom because we don't have to wait for a print to develop to see if it was the right area and amount of time, but I find it just as challenging because unlike my hands that I could shape and feather in area of the print, I am stuck with this circle, which can be made huge or shrunk, but I prefer my hands, it's more organic.
Maybe someday Adobe will come up with a tool where I can "dodge and burn" the image with my hands across my computer screen. For now I will try to appreciate the circle as a tool to help me get where I want.
And by the way, I have come close over the years with the digital prints, but have never seen one actually obtain the quality that the silver halides created in a wet darkroom print.