Exactly! That "wow" factor is simply not there anymore. There is a stark difference in Apple's events as well. Earlier (During Steve's time) there used to be an energy in the audience and they went "wow" so often and now its just fake cheering!!
I don't watch animated movies so I wouldn't be the best person to ask for a Pixar review. But yes, Steve started and built a great company. Hopefully they've managed to maintain it.