There's plenty of sitcoms still around: Arrested Development, Curb Your Enthusiasm, The Simpsons, Bernie Mac to name some that spring right to mind. I'd even go to bat for Everybody Loves Raymond and the King of Queens, both shows are really held together by their hilarious supporting cast.
Then there's Ali G, Southpark, Reno911, The Daily Show, Trailer Park Boys, Penn&Teller's Bullshit... all funny and mostly fake, if not quite sitcoms.
You also got your not so good, but still around sitcoms. All TGIF, that show with Jamie Gertz married to the fat guy, Quadruplets, Malcolm in the Middle, all the UPN sitcoms, etc.
Part of the bigger picture is there's alot more TV around now then 10 or 15 years ago. Major networks run new shows year round, there's three 'sweeps' months now, FOX, UPN & WB all air many more first run shows and ofcourse Cable/satalite stations. Given the 'cheap to produce' nature or reality TV, they do indeed fill out alot of the air waves.
There is good reallity btw. Joe Schmo, Wife Swap, My Big Fat Obnoxious Fiance are all fun.
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