Its true that they have made less appealing games than in the past but you have to remember, as the years go through - many changes occur, whether its leadership, structure or the individual teams who work on a particular series.
And with all changes come new direction. Who knows, maybe in a few years they'll have a different set of people and will have a different impact than in the last few years (hopefully not as bad :P).
I've personally enjoyed a handful of titles this past few years from SE such as KH BBS, FFVII Crisis Core, The Anniversary remakes of FFI, FFII and FFIV. I'm sure there are others (that I havent played yet) like TWEWY and Bravely Default.
XIII and XIII-2 were ok, not as solid as older FF games but not much of a disappointment for me at least.
My only complaint(s) other than the lack of number of titles opposed to previous gens is the developmental time (i.e. FFXV) and the decisions that they made on a few things (such as FFXI and FFXIV).