Like an awful lot of people I know, I actually enjoy understanding how things work and solving problems. When I was a teenager, I used to repair things for money. On an average day, I could repair 10 TVs and a few video recorders without reaching a sweat. I can honestly say that the 5 years worth of Saturdays I spent doing this to help me though Secondary and Tertiary education was awesome fun. It made me enough money to buy my first car and PC, which lead to even more tinkering!
I suspect that the way we live our lives means that very few people who are technical enough to understand how to repair things, be it a gadget or your neighbours 20 year old car can rationalise the cost in time it takes to do so. I would venture that this has a knock on effect, as those skills don't get communicated to the kids who have been press ganged into action with a wrench, welder or the cold end of a soldering iron.
It is a crying shame to see so much useful equipment in the local land fill site or metal yard. Having said that, I have seen the rather unpleasant underbelly of tinkering. Before the UK laws were tightened up,anyone could effect home wiring repairs; what this lead to was an unholy mass of cruddy electrical wiring in homes up and down the land. I have also seen repair work on cars that is more hiding the full horrors of the structural and mechanical degradation than actually resolving it. During my days as a repair boy, I also saw plainly deadly repairs that people had undertaken with bits of tin foil and good intentions. Obviously, this is not all due to tinkerers, but a fair share of the blame can be levelled here.
I would say that with common sense, tinkering is a joyful endeavour that is its own reward. At least until EVERYONE finds out that you are the guy to go and talk to...
As for the next generation, I'm hopeful that the resurgence in hackable electronics like Arduino and newly accessible technologies like 3D printing will bring a renaissance in how we interact with technology.