Unfortunately there are real physical limits to visible light telescopes, and there are not many ways to get around them without drastically increasing the size of the lens/mirrors, and drastic increases in size and weight are not something that plays well with our space capabilities.
I know it seems ridiculous from the outside, but do you really think thousands and thousands of astronomers, physicists, etc., wouldn't be exploring every single possible way to improve visible light telescopes? That the idea of "incremental improvement" never occurred to anyone? They are using the current approach because it is the only approach, at least for the time being. Perhaps in 10, 20, 30 years we'll be able to launch hundreds of smaller telescopes that can achiever a higher effective resolution, but, again, it's pretty damned hard.