Mr C, you will probably be aware that Paco de Lucia is often cited as the current Godfather of classical guitar. His later stuff is, erm, contemporary and his early stuff quite traditional. I have various bits and pieces. I also have the classic Friday Night in San Francisco concert with him, Al di Meola and John McLaughlin. Paco was a bit new to all this apparently and di Meola (using a pick) sounds impressive and whips the US crowd up in places. My guitar teacher tells me Paco quickly got the hang of this stuff and by the time they did another one his speed and tehcnique (sans pick of course) was showing through.
Nice bursts of flamenco can turn up in odd places whether Buddha-Bar type music or in amongst Windham Hill artists as a couple of examples. Although I have a number of Williams and Bream and need them to learn from in time I have more of a passion for more modern music using flamenco guitar to good effect. I can struggle with the purist flamenco with its, erm, classic, structure and much wailing in those days before medication from the toothache, headache or whatever pain the singers appear to be suffering from!
All that I refer to so far I have on vinyl but there are cheap CD collections around of course such as "Guitar Music of Spain and LAtin America" that I have on "Recording Arts Dejavu Retro Gold Collection" R2CD 42-77" with pieces by Segovia, Oyanguren, de Lucia and others.
Paul