IMO, each generation likes their generation of TV.
Let's use the Disney Channel as an example. People who are teenagers now think that Disney Channel has gone downhill (myself included) because they added shows like 'Shake it Up' and 'Hannah Montana', because they grew up watching 'Phil of the Future' and 'Boy Meets World'. While the current generation of Disney viewers love these shows, and will probably end up hating the next generation of Disney shows.
That's just my worth.
Yeah, I remember the days when Disney actually showed Mickey Mouse and Donald Duck. I also grew up on Ducktales, Chip n' Dale, Darkwing Duck, Goof Troop, etc. They also aired cool sitcoms (albeit reruns) like Sister Sister and Smart Guy. Now all you see is Hannah Montana and Suite Life.
I don't watch that channel at all, partly because I'm older, and partly because most of the shows don't interest me much. The last Disney show I watched was That's So Raven, which they don't even show anymore, except on Saturday mornings on ABC.