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I've seen a lot of stuff with a "VHS-like" effect on it, so the look is already kind of back at least in the form of an effect plugin for editting software. I doubt anyone will be giving up their flash memory camcorder or DSLR and editing software to get the real thing.
I guess somewhere out there may be a film student boasting that they shoot and edit on real analog tape.
Maybe you could build a kind of VHS tape loop delay out of a couple of VCRs and a couple of HDMI to Composite converters. As the tape got progressively worn you'd get the authentic crappy rental copy look.
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