Its not as good as it was 10 to 13 years ago. If you think wrestling is bland now compared to when you were a kid, you're about 10 to 13 years too late to see it when it was arguably at its height. When WCW was battling with WWE for ratings, and the Rock, Austin, and Degeneration X were in their prime.
Is it as good as when I was a kid? Hard to say. The characters aren't as colorful, but more realistic. The stories are better, but thats not saying much. There really weren't any storylines or plots when I was a kid. It was usually just a bunch of promos and matches. Are the matches better? That's hard to say too. Wrestling seems to be more about spots now for the most part, rather than long matches that tell good stories.