People seem to forget that the Attitude Era had a lot of garbage during it, more than today. But the thing that made it great was that almost everyone was over. There were so many feuds going on at once. We hardly even get midcard feuds now.
How many feuds are going on in WWE right now? Bryan/Show/Rhodes/Goldust vs. Orton/Shield/HHH, CM Punk vs. Heyman guys, and AJ vs. Total Divas. Del Rio vs. RVD seems to have ended. Maybe Axel vs. Truth will turn into a proper feud, but that's all I can think of right now.