I'm OK with people saying that the indies will be fine or even people saying that current indies are good. I certainly think this isn't a lowpoint for indy wrestling. I think my promotions, Beyond & Limitless have done a great job of doing more with less. However to say that indy wrestling is better than ever is WWE cuck level of delusion.
I think independent wrestling as a business model, and not as a source of quality product, is maybe at the best it's ever been...at least, ya know, pre-COVID. Enough of the overall fandom is splintered off into tiny little sects that a company like GCW can not only survive but, ultimately, thrive off of utilizing absolute shitstain talents and "clever" booking. A large chunk of that is because of how often TNA/Impact and ROH dropped the ball, of course, and WWE's continued push to alienate any fan over 24 years old, but the indies are in a unique position now where "we aren't WWE" and "see the future stars of NXT/AEW" are concepts that can draw.
I don't think it'll last another 2-3 years unless a lot of them begin to offer something more individualized as a product, however.
Pro wrestling has thrived greater on emotional connections to talents than it has on quality performances. Sure, Ring of Honor under Gabe was all about putting on top notch action from bell to bell, but that action didn't happen in a vacuum, and served as the backbone to a "counter culture" of its own right against the renewed love of 'Roidy Magoo that befell WWE following the Attitude Era, just as ECW's "tits n' ass n' blood n' guts" approach was a giant middle finger to the simultaneous cartoon products put on by the WWF and WCW. The meta connection needs to be there, but the meta connection doesn't mean much if the fans don't care about who wins and who loses, and far too many indies are still stuck in "come see some cool flippy shit" mode.
Personally, and I'll say this until I have no more blood left pumping, I think Court Bauer has had the right idea since relaunching MLW: delivering a modern take on a classic style of product (where it's a
sport filled with outlaws and not an "entertainment" program). Wins and losses matter, with the progression up the card of Injustice and Team Filthy's jobguy minions adding to the appeal of the product. He just can't find the right talent to hitch the wagon to for any good length of time, either through his own frugality or happenstance (since quite a few of the talents they've pushed as main attractions have signed with larger companies), and it's made the shows hard to follow long term as a result.
I'm rambling now, but I don't think indie wrestling is at its lowest point by any means. I've seen enough footage of John Rambo matches to know that there's still a lot of depth to the talent pool, even if half of the workers these days are just working some weird mishmash of Jeff Hardy and Okada worship.