i actually totally agree. i got all the early pan sonic and sahko tracks and this was really developing way before hood. it was hood that 'made' the term commercial though. that's the first time we ever really heard an album described as 'minimal' in the press to my knowledge.
anyway, the definition of minimal, to me is the original idea of it. you take such small sounds and really develop them, but not obviously and in a kinda random way. modern day minimal is too obvious. that's why to me, much of it is a different genre entirely. not that i dont like it, i'm a music person after all, but i'm just saying it's not the true definition of minimal. funny what commercialism can do to a sound eh?!