I sometimes sift through the new music featured on the Pitchfork app in Spotify, and while there is certainly some half decent stuff around and a lot of creativity going into the production side, I don't think I've once thought "wow, you've written a classic song there." It does seem like everyone's putting all of their effort into creating a "sound" and a "vibe," while ignoring the whole songwriting part of it. I'll hear a great sounding song with fantastic production and great sounds, but it's like the melody and the chords are a quick afterthought. Very occasionally I'll hear a great chord progression, only to be very disappointed with a vocal melody that sounds like they've just picked the most obvious notes and thought "that'll do."
I know Donald Fagen has kinda given up on melody, but let's face it the guy writes such tight grooves with such sublime arrangements and production that he gets away with it. The younger bands, I'm not so sure.
I have nothing against the newness of new music...and I know we're all biased toward the music of our youth to some extent....but believe me, if I heard a new song in today's style which I genuinely thought would be a classic that people would be singing in 30 years time, I'd give it credit. I'm just not hearing it. Been surfing some old "young" bands tonight and am really struck by how much better they were at writing memorable melodies. Take this one, Another Nail In My Heart by Squeeze. Great melody, great chords, no pretence. I want a return to This Sort Of Thing!
http://www.youtube.com/watch?v=9bTWF7eirJw