That’s the biggest issue with MIDI. No matter the equipment you had, you were never sure what the musician intended the composition to sound like, unless they explictly mentioned the exact synth used in the metadata, like a Yamaha XG synth or a Roland SoundCanvas. I really appreciated how compact the file sizes were, but I can definitely understand sticking with PCM formats off audio CD or even WAV/AIFF/MP3 back then, depending on the application.
So possible fun tidbit about SPDIF. Coaxial SPDIF, despite seeming more old school compared to its optical TOSLINK counterpart, could achieve higher bit depth and frequencies (sometimes up to 24-bit/192 kHz!!) whereas TOSLINK was officially limited to 16-bit/48 kHz, with manufacturers pushing as high as 24-bit/96 kHz off spec. Perfectly fine for your average music enjoyer of the time, but still an interesting limitation.
On mention of DAT and MD, those were two formats I would have loved to get into, if they weren’t so compromised due to RIAA shenanigans or too pricey. Such is life I suppose.
Yeah I’d say overall, I haven’t touched SPDIF in a long while myself. My current TV uses an eARC over HDMI soundbar setup and my PC connects using good old fashioned 3.5mm audio jacks.