AA is where it's at now. There's still insanely good games coming out, there just not by companies like EA and Activision anymore.

In some ways I think the good development studios are the same size they've always been, it's just that a new class of mainstream games has risen to profit on the masses. If you ignore those, it's not so bad. At least not until one of the AAA publishers gets their hands on them to ruin the IP and layoff the original devs