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I would say yes, they still have plenty of the right stuff. Despite losing so many of their best people, including some of my all-time favorite developers, they're still pumping out good games at an impressive rate.

Of course they used to be able to do much more than just good, and many of their games this gen suffer from less talented developers trying to emulate the brilliance of their predecessors. DMC4 is very entertaining, but feels like a reheating of the previous parts, and it's painfully obvious how the developers were too afraid to try and fix any of the faults of the franchise.

We know very little of RE5, but it looks like it's completely same in this regard. Capcom has a lot of competent people still working for them, and they're too smart to ruin their main franchises, but I'm honestly more interested in their new IPs, just because they won't suffer from frachiseitis.