I think there's a big difference between the time capsule appeal to film and a dated, CGI, made for IMAX movie that is stuck in 2013.
And how much better are those experiences when the story is great: ie Kiss Me Deadly and Cry Danger for Bunker Hill.
There is a big difference but of course Gravity was also trying to capture something with visuals and sound, they weren't just trying to be immersive. They used CGI and stuff, but they did capture something about space (independantly of the movie feeling dated or not).
And yes some movies require a great story, some don't. Gravity could have had a better story and it would have made the movie better, but I'd better watch the simple, streamlined story they have than a much better story that would add complexity. What Gravity needed storywise was simplicity. If they couldn't manage to improve the story without adding complexity, I'm glad they kept it the way it is.