I am sure that most traditions in the mafia were well played out back in the day' but, as every tradition does, I am sure that some have faded away. Don't get me wrong, I believe that some families still enact on some of the old traditions but nowadays, most Dons are much more interested in making money then the old mustache petes were.

"I never wanted this for you. I work my whole life--I don't apologize--to take care of my family, and I refused to be a fool, dancing on the string held by all those bigshots. I don't apologize--that's my life--but I thought that, that when it was your time, that you would be the one to hold the string. Senator Corleone; Governor Corleone."
-Don Vito Corleone to his son, Michael