Interesting posts.
As a newbie I realized very quickly that some hiders in my area were thoughtful and creative. Others it seems, simply stuck a container in a bush on a busy street corner and had it published. When I found my first cache it was fun and exciting. It was equal parts of learning the new piece of equipment I had; learning to view old areas in a different way; and seeing how this game was played. In my area there are now several newbies (5 or less finds) that are placing a lot of new caches. All have more hides than finds. I experimented the other day when 6 new hides hit my email. I printed the pages, left my GPSr turned off, and found all six in less than two hours. I logged one or two and didn't bother logging the others. I also decided that maybe this game isn't for me.
I'm not complaining about those hides, or the people who hid them. I'm simply saying that they weren't my cup of tea. It sounds like geocaching, like all things in this world, keeps changing. We each need to determine how we fit with those changes.