Yes, and there are a wide choice of classic frames from the period to choose from, but we are all allowed our own nostalgia, and the OP was about what should eb considered if he were to get a Falcon as in his youth.
I have a Carlton. With wrapround seatstay. It brings me joy, just as my earlier Carlton with wrapround seatstay did in the 80s. No logic to why it's Carlton; I just found it in the cellar, and it served me so well I became attached to the marque. Similarly, Falcon churned out a lot of decent bikes, and very little of great interest, but there are good ones to be had, and that's what is to be hoped will be the outcome of this thread. A happy rider.