I would think so - they are now again pretty popular, on Rock Am Ring this year there were also some "Living Legends" (I wasnt there, just take this as an example of a popular festival):
http://www.rock-am-ring.de/schedule.html
- Green Day, althouth they are more a Band which I grew up with, but are also "in the Business for a pretty long time now"
- Iron Maiden, Mötley Crüe - has anyone seen the Film Version of their Biography yet? Must be awesome, from what I heard from the book
- Sonic Youth
That is apr`s mon avis the fuc*ing greatest band ever, they managed to be succesfull to a certain extent and to stay alternative in the meantime - most of all, they managed to stay together. . .
If you don't know em, just download "Drunk Butterfly" (although not all their songs are as great as that one), its the song which I loved best to hear in my T 16 for the first weeks.
And boy, I remember "The Cure" on last years South Side, that was the greatest Show on that Day, although there were also Franz Ferdinand, Monster Magnet (which would have been the greatest if it had been at night), PJ Harvey, Bright Eyes, I am Kloot - great day anyway. . .
Although I like modern Bands, which are just playing for a certain time, but not to be counted as classics yet, better (Tocotronic, Slayer, The (International) Noise Conspiracy, The Prodigy), I love to listen to the "Modern Classics" (Black Sabbath, Deep Purple, Napalm Death) every other time.
But I had enough time in my live to occupy myself with Music, what not anyone has.