Light, Cuban-style rum

Chatting with Ed Hamilton the other day, he hypothesized one reason none of our light, filtered rums today resemble the old Bacardi is changes in fermentation practice. This quickly gets above my pay grade, but the idea is that fermentation has been sped up drastically over the last sixty years. The efficiency is good for profits, but the rum may lose some attributes. I believe this is @Bostonapothecary territory.