That is an excellent threshold question!
The glossary was published in 1993, so it is not like it pre-dates the advent of magnetic recording tape or something. I bet that audiophiles were discussing all these same issues in 1993, in substantially the same ways, as we are today.
I have read most of the Holt definitions and I, personally, find them good and thoughtful and accurate today. I think we can avoid a lot of spilled ink (ah, wasted electrons, I guess) if, going forward, we try to start with, and work off of, Holt's definitions.
Are there particular definitions in his list which you feel have become stale with the improvement over time in overall sound quality?
Not many---perhaps these: 1) Rough, 2) Pumping, 3) Plastery, 4) Lumped and these days with new vinyl...5) Banger! Although, I know of a few old LP's in G- condition that might have a 'banger' or two, LOL. ( assuming they have never been properly cleaned).