Yes. When I started watching the race, riders like Simoni, Savoldelli, Cunego, Scarponi, Di Luca, Mazzoleni, Garzelli, Pellizotti, Sella etc. were still relevant and would always target the race at 100%. That was THE big objective every year. I don't even know what Italy has to offer anymore, but more or less since the early 10's, I feel like that has not been the case apart from Nibali and then a few decent riders here and there. The level is just too low and maybe some clinic stuff? I don't know, but you're completely right that you always had a chunk of very good Italian riders targetting the race. Very similar to the Vuelta in a around that time.
I do think that guy Tiberi might a rider to follow who will follow such a pattern of targetting the race over and over and being competitive. He seems talented enough along with maybe some of the other youngsters?