What does the set release cycle have to do with the health of competitive Magic? I mean, sure, there's no yearly core set anymore, but so what?
- Reprints (actual or functional) of staple cards still get made in every set.
- There is still a diverse metagame in standard.
- I don't draft much, but I've heard positive things about several of the last sets' limited environments.
- New formats like commander have created new competitive environments.
- Arena and digital formats like alchemy bring new players to the game and competitive scene
Feels to me like, despite Wizards doing everything possible to screw things up, competitive Magic is in a pretty good spot at the moment.