You need to start to realize that this is no longer an isolated phenomenon where just a few scattered people feel like the sport is getting less exciting. This is a growing trend, and affects the enjoyment of long time fans, like myself, who acknowledge the quality of technique is ever evolving, and yet that of the product is decreasing.
Nobody is saying the sport should go back to the 'dark ages', or is moping for the good old Pride days. That's not the end of the story.
If you enjoy the sport as much as ever, then great for you. But a lot of people feel like the sport is losing steam, due to a variety of factors, not all of them related to what happens inside the ring. And you come across in this patronizing tone, as if your unconditional enjoyment for the sport, was a sign of an intellect that appreciates technique and nothing else.
It doesn't work like that. People get tired of watching the same routine over and over; the sport has become exceedingly monotonous in presentation and content, and its ever escalating frequency just makes this worse and worse. Cards abound, there's more divisions, cards, and fighters than ever. The quality of the cards this year has been substantially inferior overall than in the last few years. I have elsewhere made a thread on this.
It has become quite difficult to follow the divisions and fighters, since everything is very scattered, moves rather quickly. Big household names have retired temporarily or for good, and many of the current stars have not been developed in a similar way. The presentation, hype, publicity, and just saturation is at an all time high. The ensuing professionalization of the sport has made point fighting more ubiquitous than before, and although a reflection of smart game planning, it is also an exploiting of a rule system that often is used to avoid fights.
I am not alone on these sentiments. There's a huge segment of the fanbase that shares these sentiments, as someone who trains and has many friends who follow MMA. This is not an isolated incident of a few bad events. It could just be a bad year, but it seems a trend, and it is important to call to attention.