Yes, I think that everybody figured out pretty-quickly that the inline-code approach was an inferior approach ... particularly when I18N (internationalization) began to be a very big deal in this world-wide web of ours.   Really good templating systems, and then, really good web frameworks built on them, appeared in most language systems and all of them have matured along generally similar lines.   There is no reason to “go back,” and an abundance of reasons not to.