I am new to scrapbooking, so I can’t speak to generations. Unless of course someone has one that I don’t yet know about.
A friend of mine got me started a few years back and my first project was a scrapbook of my oldest son’s high school years. I wrapped it and gave it to him as a Christmas gift during his first semester at college. He loved it! And I loved watching him open it and I loved watching his expressions as he viewed / read page after page. I plan to do the same for my youngest son, when he starts high school in two years.