One thing that jumped out at me immediately:
Number of Players: at least one referee and from four to fifty players can be handled in any single campaign, but the referee to player ration should be about 1:20 or thereabouts.
-Men & Magic, page 5
That's FOUR to FIFTY players. And the recommended ratio is 1 to 20!
Can you imagine even finding 20 player's willing to play a campaign nowadays? Even for a one shot at a convention you'd be hard pressed to pull that many together. Wow, those were the days.