Although there are occasional sparks of genius at the former House of Ideas, Marvel has been mismanaged for quite some time. Jim Shooter started some of the damage and it was just added upon by Bill Jemas, Joe Quesada and others. DC isn't always top-notch either but I think for the most part there's been more of an editorial flow from one regime to the next, right or wrong.
A long time ago my Marvel/DC buying was split pretty evenly in the 70s and 80s...nowadays it's like 90% DC, 10% Marvel.
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