You hear this every year. And it's still true. Hollywood is wall-to-wall sequels, IP translations (games, comics, tv shows, etc. to movies), remakes, and the remake's newer cousin the "reboot".

Yet even so good films are still being made. The Social Network, True Grit (a remake even!), Toy Story 3 (a sequel!), The Fighter, Black Swan, How to Train Your Dragon, and Inception were all great films from 2010 (I haven't seen The King's Speech or 127 Hours yet but I hear those were good too). If this is what the system pumps out while it's horribly broken, I'm ok with more of the same.

There's always going to be a ready supply of churned out pap in any medium. Just go to a bookstore and look at all the crap that they keep pumping out. But that doesn't necessarily stop truly excellent works being published as well. Some of my most loved books have been published in the last several years. And with the internet it's easier than ever to sift through the dross to find the gems.