Interesting question and discussion. I've traveled a ton, and I love a bargain. $19 each way airfare feels like a huge Vegas win to me
With that in mind, there have been many discussions about the key to the "new" Disney reality is lower expectations. In many ways, that's what I liked about being an Annual Passholder (we were for several years; not anymore at Disney - now AP holders at Cedar Point and Universal). With an Annual Pass, you don't have such a FOMO; you know you can come back; you have another day/trip; there will always be a "next time" - and you can accept that. With $200/day tickets plus add-ons, the pressure builds proportionately to experience everything, fit everything in, and "get your money's worth". IMO, that leads to a dramatic decrease in guest satisfaction and the dramatic increases we've seen in poor guess behavior and stress. There's definitely a link there. Add in the extra costs for airport transfers, higher resort costs, increased meal/food costs,
Lightning Lane/Genie +, and the stress and pressure build.
Even though we don't have Annual Passes anymore, we still miss the Disney of our memories. We have four trips to Universal booked for 2023, and are looking forward to those and the slower pace and resort amenities. I have very few expectations, simply since I don't know anything much about Universal, and am assuming that we can fully experience the resorts well in the time we have with repeat trips, onsite stays (early hour entry), Passholder Perks, and FREE Express Passes (two trips at their resorts where those passes are included; booked at very nice AP rates).
Do we miss Disney? Absolutely. We have a few tickets we'd purchased that we may use in 2023; but we will do one day trips, likely at Epcot for a festival during a down time weekday when we find $19 airfare

; we still haven't ridden Guardians, so that would be our short list goal. We also took a 48 hour trip this past August when we found great airfare and a nice, last minute low resort rate, and just enjoyed Disney Springs, the boat ride, our resort (Port Orleans Riverside), and the Boardwalk area. It was just enough, with no expectations or theme park crowds.
So to answer - is it worth it? IMO - for many, no. For a once in a lifetime, I want my kids to see Mickey while they believe he is "real" - maybe, but do your best to manage expectations. There are ways to still enjoy the experience on a budget. For those of us with lots of experiences to compare - maybe waiting a bit and seeing how the next year or two settle out would be wise. I work really hard (as many/most do), and I don't like feeling taken advantage of - and that's how Disney has made me feel with the recent "charge more for less" strategy. Until I don't feel that way, I can find other ways to spend my travel budget.