They lost me when they wiped out Crisis On Infinite Earths, made everyone younger, hired Bob Harras + Rob Liefeld, changed WW's origin + Superman's origin (again) but not Batman's or Green Lantern's, introduced the asinine "it's been 5 years since..." timeline (which makes no sense)...the list goes on.
When it comes to mainstream comics, I would say so. Don't get me wrong, there are a FEW (very few) good mainstream titles being published (thing is, they won't last long) + a lot of good Indy titles out there.
I had to choose between space in my home or comics......I've collected a long time and I could go on forever...but it just piles up.....so I felt it had to end someday and as the 52 thing started to happen in another crisis event I quit cold turkey
I feel you on that....a few of my friends have made the same decisions. I sold a good portion of my long boxes as well & the 52 debacle made me stop buying DC comics all together, which is disappointing since I was hoping they would get their shit straight, but ...nope.