It is though, IMO, important to understand that f64's primary goal was to do more shows and sell more prints.
Understanding that it was primarily a business decision rather than an artistic one gives me an example of a shrewd business move. Put that in the context of the time understanding that New York markets had already moved away from pictorialism and that the west coast had not and we see that the f/64 group smartly seized the opportunity to be on the leading edge of and mold the changes that would eventually come west.
We could if we chose to, emulate their business decisions and ask ourselves where the world seems to be headed artistically, just as they did, and we could put together a cooperative to promote ourselves, just as they did, and we could define our group standards so that galleries who welcomed one of us would welcome the rest, just as they did.
Group f64, if starting out today, could use that same business model but they would probably define a very different artistic standard.