I disagree. Universal Studios Hollywood has always been an "A" player in every regard. You can't call a park that opened up Jurassic Park - a ride that was labeled as one the most expensive theme park attractions of its time - a "B" player. You just can't.
As for the operations shift - yes, I admit, I was concerned as well. But when you look at Hollywood's history and their non-linear progression, it's actually quite shocking how well they've adjusted. Think of it: they literally went from nothing to one of the most advanced simulators in the world (Back to the Future). Furthermore, they went from Back to the Future to WaterWorld and Jurassic Park in the span of under five years - talk about a leap!
I don't think Hollywood gets the credit it deserves. Sure, it gets flack for flailing at times, but if any park has shown a capacity to grow in uneven bursts, it's Hollywood. They should be commended from progressing from the Studio Tour to the theme park we see today. After all, it's not like they were originally intended to become a theme park like Universal Studios Florida or any other Universal park for that matter.