Valve, yea, I'll agree with you that they are awesome. They are Gods and deserve to be one of the last devs standing in any competition like this. And though it's not relevant, Bioware had nothing to do with the sequel to Knights of the Old Republic. They were too busy making Neverwinter Nights (can't believe I forgot about that one!!)
But for the love of all that's holy, how can you talk about intellectual bankruptcy and then point to Blizzard as an example of not-it? WoW has a lot more in common with Farmville than most people care to believe, and that's not necessarily a good thing...
I mentioned this in an earlier post, but I'll mention it again. Since late 2007, Bioware has released 4 (ME 1/2, DA 1/2) extremely well reviewed games (DA2 is lowest of them on metacritic with a "paltry" 82) across 3 platforms, and is about to release a fully-voiced MMO with a number of highly ambitious elements. (it may suck; I'm merely pointing out that what they are doing is HUGE)
In that same exact timeframe, Blizzard has released a few (two? I don't care enough to look it up) WoW expansions, and 1/3 of Starcraft II.
As much as you want to disregard Bioware's efforts due to your own subjective tastes, I can dismiss all of Blizzard's efforts with my own equally subjective tastes. So if our opinions cancel each other out, what are we left with? The facts:
In the amount of time it took Blizzard to make 1/3 of a well-reviewed game and a few upgrades to another on PC, Bioware put out FOUR equally well-reviewed games on not just PC, but 360 and PS3, too.
Thus, Bioware wins. 8) It's ok, though. Next year Blizzard will have over half of Starcraft 2 out, and Rainbow Brite III or whatever that Diablo-esque happy game for children is. That's something.