I really think Disney has released some great movies in the past few years. The Princess and the Frog was really nice, Bolt was a lot of fun and Tangled is one of my favourite movies in recent memory.
Add in the stuff they didn't really make, but still had a hand in/stuck their name on (like the Pixar stuff, Muppets, Pirates, National Treasure, etc) and I'm still happy to call myself a Disney fan.
I do agree they should focus more on traditional animation though...compared to the 80/90s when Disney and Don Bluth were in competition (and we saw some beautiful films), there's really not much in the way of "proper" cartoon films anymore, which is a shame.
There is a lot of stuff on Disney Channel now that I really couldn't see myself ever enjoying though. Sonny With A Chance is really bad and the So Random spinoff is even worse. I really like similar shows on Nick (like Victorious, iCarly and Big Time Rush)...I just think Disney's shows are really tacky. Compared to when the Channel would be showing stuff like Darkwing Duck, Talespin and Goof Troop, it's kinda sad.
But still, some people somewhere must enjoy this stuff (otherwise Disney wouldn't keep making it)...as long as these movies/shows are giving people entertainment and happiness, I guess it's a good thing.