I wouldn't expect backwards compatibility to ever be a huge time-consumer. Its value lies in not having to have several devices ready years after their time has passed. It's just naturaly that new games get the majority of time, even by a margin this large.
Personally, I think poor backwards compatibility is one of the biggest reasons I rarely get games on consoles anymore. On PC, there's backwards compatibility basically indefinitely far back, even for a lot of games never released on PC. Sometimes it can take some work but it's practically always doable, and usually everything just works beautifully. On consoles, generally there's backwards compatibility a generation back best, and not longer. But even one generation seems like a lot to ask.
Playstation has always been the console closest to my heart, so it's very saddening to see it handle backwards compatibility so poorly - there's practically none. I bought a lot of PS1 games from Store during the 7th gen, and now none of them are playable on PS4 despite my expectations. It would probably have been quite easy for Sony to get them to work on PS4, yet they chose to ignore it. Due to technical difficulties, I understand the lack of PS3 compatibility, but the lack of PS1 compatibility is unforgivable, and the lack of PS2 compatibility isn't much better either.
I don't play console games older than the 7th gen a lot, but I do have urges to play them semi-regularly anyway. I've played PS1 games several times this year already, and the only reason I haven't played a PS2 game this year is because there's no backwards compatibility to support it. I already have two consoles (PS3 and PS4) under my TV, and there's not room for any more, and switching devices is a relatively big pain due to how everything's positioned.








