Outside of the top two teams in the top leagues there has always been a lack of quality, this is not new and the author would be wise to brush up on his knowledge.
Arsenal are no longer real title contenders, but man city have risen to be man u's new rivals. Chelsea will try and make it three, which is more than germany have, and spain have no more either as atletico may struggle to match this seasons achievements consistently.
The EPL is still top dog as a whole for excitment, its just germanys best team is the best in a biggest cup competition. And everyone knows cup competitions are knock out tournaments, where anything can happen. Ask Nani!