At this Point, does the Regular Season even matter?

[FRPLG]

The parity has increased to the point that all that seems to matter now is how well a team is playing based on injuries and chemistry. I tend to think this is good because from my perspective unless it is my team I don't want to watch a game or a tournament that I know is basically predetermined because of skill level imbalance. I think this is a micro/macro thing. On a micro level it seems somewhat negative but on the macro it has led to incredible success.