Of course it's still relevant, it's one of purest musical forms in my opinion, and the level of composition in correlation with emotion makes it powerful to anyone who can appreciate it and give it value. Relevance in art at least, is subjective to your own preferences, I couldn't tell you who is at the top of the Billboard charts right now, because that isn't relevant to me. Is it relevant to the "music" industry, damn straight it is, they are the ones producing the cash.
Worst part about classical music is remembering a small bit in your mind and not being able to pin it to a composer or piece.
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