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There are still good movies but so much more trash. It all comes down to if you're willing to risk spending at least $20 and 2 hours of your time on something that's likely going to be garbage.
Theaters have tried to create a better experience. Better seats, mega sized theatres, better sound, basically making the theatre a entertainment center. But that's not enough if the movies aren't any good with the added problem of inconsiderate viewers who will talk during the picture.
It's much more cost effective and many times a better experience to buy the dvd, have it forever, and be able to watch it without interruptions. The fact that people are more likely to buy dvds and people buy a lot of dvds, the movie industry is still making their money.
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