In this day and age, there are so many great and talented musicians out there that musical proficency is almost taken for granted. Not only that, but I dobut that we'll see any real inovaton during our liftime (I hope sombody proves me wrong).
I have to kind of agree with you here. It's not so much that the innovation doesn't exist any longer, it's a matter of the era Jimi was in.
You're talking about a time where new inventions were popping up (the wha, univibe, fuzz pedals... etc.), and these were things that no one had had any preconceptions about--like jlynnb1 said, he was doing stuff that was brand new and unheard of.
These days, there's really nothing new. Sure, there's digital modeling, which is really just to make things more simple. Nothing new, tonally, just easier, and faster to get close to the sound you want.
I think *maybe* the Whammy pedal did that for a short time, but now it's so common-place, that no one even really messes with it any longer.
And on that note, although not Gospel--obviously--I Think that Tom Morello came closer to a Hendrix today (simply in the respect of using effects together to create unheard of sounds; unplugging his cord and tapping it on his bridge to make crazy radio-static thingys, using a kill switch and string noise to emulate turntables, etc.--not comparing technique at all here).
There are players who have met and surpassed the technical aspect of Hendrix, in probably every genre, but it will be difficult to see a revolution like that of the late 60's.
I don't know... maybe with that new Moog guitar
but other than that... not sure it's coming any time soon.
Besides, a lot of that type of stuff doesn't really "fit" the genre of topic, in a traditional sense. Not being legalistic lol, I'm just saying...