IMO, some of the Neural DSP Archetype plugins capture modern guitar tones. The Petrucci and Henson for example; they make modern guitar sounds I actually like to hear.
Another plugin I like (and is my top fav), is PolyChrome DSP McRocklin Suite - it does modern but can also do '80s and earlier/later.
What I hear, and consider modern guitar tones, that I don't like, are tones drenched in shimmering delays and reverbs that lose all definition. A guitar straight into nearly any tube amp would dominate those wispy ethereal tones.
Good example of Archetype Tim Henson: