Spybot is not old school. Along with Ad-Aware, they were pioneers in spyware removal. Spybot can compare to other anti-spyware software. It is not, however, an anti-malware.
SuperAntiSpyware is a deceiving name for them, as they remove malware.
If you want anti-malware, go with SAS or MBAM. If you need anti-spyware, Spybot will work.