It's up to hobbyists what's worth it to them, but the power consumption of the ESP 8266/32 is not _really_ comparable to the '430. "Deep sleep" mode on the ESP seems to be about 20uA, an MSP430FR5969 can go to a 20nA LPM 4.5 mode (factor of 1000 lower). Harder to compare in a HN comment, but active mode power consumption is also in the MSP's favor for many applications particularly when using the built in hardware accelerators like LEA.
Of course the MSP430 doesn't have a WiFi modem or a giant hobbyist community like the ESP, so I'm really not trying to make an argument for which is "better" just trying to add some contrast to the low power features you asked about.
I think the platform is very much still alive and kicking. It is still the only uP platform I am aware of which is available with embedded FRAM which is low power, non volatile, extremely more write durable than flash and rad hard. Again, maybe not top selling features for a hobbyist project but absolutely compelling for certain industrial use cases.
Thanks - you got me excited about MSP430 again. I am wondering if I should build an AC motor controller for fun, since I happen to have an AC motor on my bench.
No problem! You are not the first person I've heard express the impression that the MSP430 is slipping into irrelevance, and while I agree the places it shines may be getting squeezed by low power ARM parts I think they can be pretty compelling for applications where they are a good fit. They are simple, yet modern enough to support full featured c compilers, have a history of focusing on low power and the FRAM is a pretty solid differentiator if your use case can take advantage of it. Jay's article here can't really show any of that off because the one dollar price point is below the sweet spot where most of the nice features kick in
The ESP's have low power modes as well, and can run off a tiny battery, which was the primary strength of MSP.
Any thoughts? I like the MSP ecosystem and docs, but ESP also shines there.