Take a trip only 10 years back. Browse with a Wii, or a series 40 Nokia phone. Or even Lynx using a color terminal. The experience bears considerable resemblance to the one you describe.
Everything pulling the experience away from this is a cultural problem. On the technical side there's the increasing tendency to see the browser as a weird VM/runtime first (or, worse, not to think about the browser much at all, and instead see the web primarily through the lens of several popular technological hammers to which every problem looks like a nail). On the business side there's various legal, economic, and marketing incentives. Not all of these are trivially dismissed concerns, but it's still possible to do what you want in simple enough circumstances or with some careful thinking/work in more complex ones.
Not sure if Links is the same as ELinks.
Most people want images. Most people want more than images, they want video.
You just need to look at news sites, the main Reddit page or the Facebook feed of a regular person.
What techies want is far removed from what the majority of people want.
Similar story with free products (regular people) and privacy (techies).
What's true is that images & video are effective distractors, and most content "servers" want impressions and ad clicks. I don't think this means that most visitors/readers are necessarily looking for image-/video-heavy content.
The likes of Youtube, etc. may be an exception (where it's clear people have come to the site looking specifically for a video), but even there, the suggested videos sidebar, etc. are not things that visitors necessarily ask for/want, but rather things that benefit advertisers in terms of user attention.
This idea that techies are a different species to "normal people" is an overused red herring. Of course every user/demographic has their different preferences, but generally speaking the only difference with "techies" in this particular instance is awareness: due to familiarity with the medium, they are more deliberate in what they want—and more conscious of image-/video-heavy content being a distraction from what they're looking for—than the average user. This doesn't necessarily mean they're actually looking for different things.
People didn't want MySpace, but they don't want HackerNews, either. They want Instagram, Facebook, Snapchat, Reddit.
I think it's about time we accept that. People want colors, want animations, want life.
Bland, static and lifeless is as annoying to them as super colorful and dynamic.
Modern web pages have become a seizure-inducing cacophony of colors, fonts, animations, ads, videos and intrusive modals ("please sign up", "subscribe to our newsletter", "do you accept cookies?", "please disable ad-block", "people in <your town> are excited about this new weight loss product!") etc.