Maybe NMS's patch has reminded people of space games in general, so their attention has also turned to the strengths of the undisputed master of the wider genre.
It's worth noting that when NMS says "procedurally generated" they mean "random" (with a stored seed value making the random sequence repeatable). So for example, someone on the NMS dev team decided that 10% of biomes will be of the type: lush. And maybe the sequence of things generated for a planet is (1) size, (2) gravity, (3) biome. This means they take that starting seed value, get the third random number in the sequence, and if it's between 0 and 0.1 this planet will have a lush biome.
Random. Procedurally generated, sure. But random.
What's interesting about Elite is that they use their procedural generation to create solar systems that fit together and make sense. Like Ross says, they start by deciding how much material is in the disc that formed the star - how much of it consists of metal - how long did it take to coalesce. The upshot of all this is, even if you knew that X% of planets are earth-like, that doesn't mean that any given solar system has X% chance of having an earth like. They're not randomly distributed the way they are (I assume) in NMS.
If you're an explorer, you can use this knowledge to greatly increase your chances of finding earth-like planets. It's funny because people criticize the existing exploration gameplay as "jump/honk/jump/honk" - but there's detail in the game that they're completely obvious to. You're supposed to be looking at stellar classifications in the galaxy map; you're supposed to be looking at the distance a planet is from its parent star (and estimating the habitable zone). But because the game doesn't hold your hand like a child and tell you "point here and click here" many people assume there's no more depth to it than jump and honk.
If that was your assumption, then it's your own fault for not looking into it further.
BTW Dr. Kai covered this info a few years ago in his exploration series of videos. Worth a watch:
[video=youtube;xKiqU2Kkoxw]https://www.youtube.com/watch?v=xKiqU2Kkoxw[/video]