It's what some people see as the point now. Back when film was the only option, the cost and time per frame were just negatives (if you'll excuse the pun). There was no romance in deciding whether or not to use one of your last three remaining frames; it was just annoying.
I don't deny that for a whole range of reasons, some people might take better or more meaningful photos using old cameras. Limitations can feed into the artistic process. I just think it's a bit silly to romanticize the cost and inconvenience of film, or to think that photos taken using film are somehow inherently more interesting or valuable.
The parable of the pottery classes that were graded on their best work and total volume of work springs to mind. I never would've bothered with photography if I didn't have the ability to be shameless with burst mode and pick the winners later.