Yes, English isn't my native language. I thought (and still think) "novelty" isn't same as "gimmick", it refers to innovation. Cameras of 50's also were marketed as automatic - you just attach selenium meter into hot-shoe, set ISO, read LV and transfer it to camera controls, that is, you don't have to know about light or what. That is automation! In 70's AE met on Electro or Canonet were new thing, you had to set either aperture or speed, camera calculated other factor itself. So AE were novelty at the time.
By calling Electros and Canonets cheap replicas, I don't want to diminish them, nor their role. Market had to pay for new features, automation, speed and ergonomics - manufacturers invested more into development and to make prices affordable, they had to simplify materials, constructions and opt for cheaper workforce. Oh, competition also cat prices, and that echoed at manufacturing process. Thus cameras got better and easier to use, yet at same time they were built cheaper. Call it paradox, but when technology advances each year, not decade, things should serve less because when market is saturated, people aren't ready to replace their old things just because new is better than old. Current digital cameras aren't made to last simply because industry would choke and collapse if people could and would use those high-end devices for say, 20 years. Yes, current compact camera is high-end device, in certain manner...because it has accumulated huge amount of innovation and technology built into $200 unit.
The better things you want use, the shorter time of lifecycle you can expect. Industry is ready to improve only if promise to upgrade often. This is closed system - increase one counter and decrease another.