I was reading a bit in "How to Run a Lathe" yesterday and I can't quite figure out why the upward rake was so common in the past.
It makes the tool bits far faster and simpler to grind from scratch. The top rake is already baked in, so for 98 percent of the bits you ever grind, you've just got to knock two sides off, and you can orient the holder/post assembly to get good results from there.
I know I'm in the minority here (and that's fine), but I kinda prefer those. Fast, easy, and intuitive. (Not "QCTP fast", but surely not slow. One screw, put it where it needs to be, and you're done. The "T" holders do a great job presenting a tool in a "flat" position, which is great for insert tools where the center height is fixed, so you can set it up one time (most likely with a spacer or shims in lieu of the rocker), but at the expense of the versatility of having the tool depth set center height as is typically very useful for hand ground tools. Both types take the same cutting geometries for whatever you're doing,, but it's going to be ground different, the "point" of the tool is the same shape, but it's applied (to all sides) at a different angle.
You've gotta watch that too. The older books that tell you how to grind HSS into the common cutters- You've got to pay attention to how they are holding those tools, as that was based on their tool post, not yours or mine.