I am comparing the maximum quality available. I don't much care that today's 1300kbps video looks better than 2009's 1300kbps video. I care that they used to offer higher quality, and now they don't. I am not bitrate-limited, or at least my bitrate limit is higher than youtube would ever consider going.
What matters is the bitrate, and they're being overly stingy on bitrate.