At this point in Richard Thompson's life, his legacy is assured.
As a songwriter, Thompson has a mordant wit and a great sense of melancholy. His guitar work brings together several different styles and approaches, but unlike his contemporary Eric Clapton, his real skill is in the notes he doesn't play. In short, one could forgive him for coasting.
Electric doesn't follow the script of a late-career album by a well-respected journeyman musician. There are no special guests and no trendy producers present to spruce up his music, and he continues to evade direct valedictory statements in his music. That he's bringing some new approaches to his considerable musical arsenal, however, shows that he's still relevant and still has new ground to cover.