I mean, who else had 5 in that stage?
Isn't that impressive on its own? I would argue that there's a good chance that City, Spurs and maybe Liverpool are going to be on the upswing, and could do some damage in the CL for the next few seasons. I would argue that Chelsea and United aren't going to rest on where they are and if anything, only spend more money. A lot can change, but I don't see the results as a bad thing.
I don't see one thing to the exclusion of the other. The EPL can be getting better, yet still not where they could be or as successful as some would want. If anything, the idea that they have 5 clubs who are good enough to make it to that point, and at least have a shot at going through, is pretty impressive and exciting for me. Similar to that point, as a Liverpool supporter, I can't complain about any of it, and I think some of these grumblings are silly. I'm happy Liverpool are back where they should be, which is playing CL matches that matter. As long as that continues, I don't care who they play.