Meh, as Kate McKinnon said to the effect of 'writing and putting on a sketch comedy show for fifty years is difficult'.
I'd say the current iteration is going through a transition but holy jeebus the last twenty years has been incredible in regards to talent and chemistry while navigating through insane technological change in the medium with precision.
When he first debuted Andy Samberg just seemed like the young, floppy haired college frat boy (there's always one) living off dick jokes but he probably will be considered one of the most critical hires in it's history because he was the one who understood how to make viral moments and he made a ton of them which put SNL at the forefront of the Internet age for comedy content.
Anyway from late 90's Will Ferrell to Fallon to Fey, Poehler to mid 00's Hader, Wigg, Sandberg, Sudeikis, Forte, Meyers to McKinnon, Strong, Beck Bennett, Mikey Day....while having Thompson there the whole time is just an unbelievable amount of individual talent that has passed through in the last 20 years.
Personally I loved the mid 00's SNL. Probably my favorite era of many great eras (I've been watching since the end of the 70's).
And people have claimed every new iteration has sucked. It supposedly sucked when Ferrell was on it (even though he's considered the greatest SNL cast member), it sucked when Farley/Rock/Sandler was on it, and it sucked when Hartman, Meyers and Carvey led it. Supposedly.
Which is nonsense. Those casts were all incredible.
Doesn't mean there aren't lulls.
I have noticed that a majority of their sketches focus more on viral moments vs news events. I have to keep explaining to my gf the backstory of skits like this one last year that's referencing a quick viral Tik Tok of a Ms Universe pageant.
If you never saw the video passed around on Twitter this sketch probably seems dumb but, if you know the clip, it's pretty good. I was laughing pretty hard while my GF was going WTF thinking it was just a weird sketch.
(If you watch it, you just need to watch the first couple of minutes for the joke to play out. It runs out of steam quickly because they are trying to build a sketch around quick, viral moments. I think it's fair to say viral moments aren't conducive for sketch comedy but, that's what the world is now, short, quick monents. This one comes out hot and then dies).