Given the choice of a 60 year old cub for £20k or a year old Kitfox for £12k I know which one I'd opt for.
Have you flown a cub? You buy all the things you have just described, plus a living piece of aviation heritage, dripping with character and which has had all the problems ironed out of it long ago. Given the choice above I know which one I'd opt for.
QDM