Yes,the FA Cup is certainly not the prestigious tournament it once was with many top flight clubs viewing the competition as a hindrance.
Such are the financial rewards that remaining in the top flight is a must and it is no big deal for any club to lose a cup tie.Some clubs use the FA cup to give a run out to the second string who would otherwise face little chance of breaking into the first team.
Regarding TV coverage,again,the build up and excitement just isn't there particularly on cup final day itself.
The beautiful game has not felt beautiful for many years...