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I think MTV has a large share in the blame as well. Compound that with the labels always looking for more money and it just becomes a style contest. Yeah Nirvana was good, but then we get hundreds of bands that just try to come out and be "the next nirvana". That's what it was with that whole bands saving rock (ie Strokes, Hives, Vines, White Stripes).
I think there is still lots of really great music being made now, you just won't find it on MTV or radio because now more than ever it's just about making money. There is more money to be made now so less people are willing to take the risks it seems. But if you get into the underground where bands still tour in a van for years and years there is some great stuff. Mainstream stuff is always going to be about 95% utter crap, but that doesn't mean the good stuff isn't still around.
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When the going gets weird, the weird turn pro.
-Raoul Duke
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