First, at the heart of WOW is the Warcraft 3 engine, just like the heart of Windows 95 was DOS, and XP was NT. Yes, they constantly update the code, and the WC3 engine inside wow is no longer the same as it was in 2004 when WOW released, however the engine is still there. And you can play with a few settings and make it all look like WC3 if you know how. To include point and click to move. This said, each expansion, and many important content updates change and modify the WC3 engine inside WOW.
However each time they add new technology to the game they are limited by the original code. Which is why they did develop the new engine for SC2.
So relax, just because WOW has an Old Soul doesn't mean the game is out dated, it just means it has an old soul from the 90s.