Can songs age poorly? Why or why not?

There are plenty of lists out there on the internet of movies that didn't age well, whether from outdated special effects or just themes that are weird by today's standards. My question is to you, can songs age the same way? In other words, do trends of one generation of music make a song sound good in one time period, and then when the generation ends, the song becomes lackluster, especially to those who didn't live through the time period?

Inspired by my ipod on shuffle, and Rio by Duran Duran popped up. The song is about "80s" as I can think of.
Can songs age poorly? Why or why not?
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