Jericho posted a link to the classic Raw tag match with him/Benoit vs. HHH/Austin http://www.youtube.com/watch?v=7-SomfgOE0E&feature=youtube_gdata_player. As I was watching, I just couldn't believe how fast paced it was compared to any style match these days. Then I realized that because Vince hates tag teams, they haven't really put on a proper tag match in so long that they forgot why the formula has worked (and always will). That the matches can be worked at a much higher pace where you can either hide the shortcomings of out of shape guys and still have fun matches that plays to each wrestler's strengths, or stick 4 talented guys in there and just light the building on fire like these guys did back in the day.
Evidence item # 4,278,321 as to how clueless Vince is in regards to product quality these days.
Well, there was the period a few years ago with Jericho/Show v. Batista/Rey that was really great precisely because they worked the formula like you're talking about. It's becoming more of a problem of a self-fulfilling prophecy these days where Vince has no confidence in the tag teams, so they're emphasized less and given shorter matches, so people care about them less, so Vince has less confidence in them, and on and on.