I think that they have a place but in a tiny hobby shop like mine it would be excessive consumption. I disapprove of excessive consumption. If I needed it to make a living I would have it. As of now I don’t as I have other options.
Is it hand made? My take is not really because if no hands actually cut the mortice, no plane was drawn across it, not really hand made.
Having said that I do use a table saw and a band saw and a thickness planer so…
The thing is your point that someone sat in front of a machine and did the work that will tell the machine how to do the work is valid. You still have to cut the bits to size, etc. I still feel like it’s hiring a guy with a really steady hand to do it for you.
-- Alec (Friends call me Wolf, no idea why)