True, but it's a LOT easier now. Yes, that means more things it's possible to tweak, but still. We don't have to deal with tractor feed labels, and most db apps have templates for the most common mailing labels and such.

The hard part is setting up the fields to allow the different reports. After that, most of the report formatting is pretty easy. (Note "most".)

Making it web based would be tricker, but mainly more expensive (as you'd have to buy the server edition).