The misnomer Neoclassical is applied to rock and "prog" music that utilizes modes and arpeggios. Hardly classical, and nothing new. Not neoclassical in but a name misapplied by the masses who hope that it lends justification for their view that this kind of music is somehow more academic and more lasting.
I at least hope your key words here are not the two "more"s cause otherwise I have never heard such "misnomer"