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It seems that what the company has found is that catching the fairings is not necessary. Providing them parachutes and a guidance system so they land gently with the open half up, so they float literally like a boat, prevents any serious damage. The guidance system also gets them to land close enough for a quick pickup at sea.
Based on this knowledge, recovering and reusing these fairings was probably always a simple and fairly easy thing to do. No one however had had the smarts or open-mindedness to think of doing it. Moreover, from the article:
Musk told reporters last year that the fairing costs around $6 million. He said the first stage of the Falcon 9 rocket comprises about 60 percent of the cost of a launch, with the upper stage responsible for 20 percent, and the fairing another 10 percent. The remaining 10 percent of the cost of a Falcon 9 mission come from charges stemming from launch operations, propellant and other processing expenses, Musk said last year.
In other words, by recovering both the first stage and the fairings, SpaceX makes their rockets about 70 percent reusable. That’s actually more reusable than the space shuttle ever was.
I must add that the section of the shuttle that was the most reusable was the section of SpaceX’s rockets that they as yet are not reusing, the upper stage. In other words, we have now tested and proven the technology for making an entire orbital rocket reusable, just never in the same vehicle. SpaceX is taking advantage of this knowledge and clearly applying it to their Super Heavy/Starship next generation rocket, which also means the likelihood of getting that to work is actually quite high and not as radical as many think.