I think you're vastly overstating the case OP, but I do agree that loot isn't as bad as many here make it out to be.
I wouldn't say loot is superior to pre-update (and I expected it to dry up a bit post update, as everyone should have), but it's not grossly worse either.
My raids from last night show good profit, focusing on dark elixir for heroes. These raids aren't necessarily "killing it," but they're pretty decent for a Gibarch army. And you can see, I'm not sitting on my phone all the time raiding the instant my army is cooked. 6 raids over 3.5 to 4 hours while cooking/eating dinner with the wife, walking the dog, watching the nightly news, etc. is moderately "casual" in my opinion:
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