I still have a subscription to WIRED because I still find some new trends in consumer tech there. Other times they'll report on something and I'll think to myself "Damn, I heard about that through IEEE Spectrum, Make:, or somewhere online months or years ago. Where the hell have these guys been?"
About every other month one of their long-form articles will genuinely satisfy. I highly recommend the 20th anniversary compendium of their best long-form stuff.
I will note, however, that the satisfying long-form stuff is never their cover article. The development of the cover article, and accompanying eye-catching cover, usually goes like this:
1) take some topic that has been floating around the zeitgeist for a bit. For example - "The capabilities of 3D printers have been improving for years, while costs have been going down"
2) throw one or two contemporary data points at it, "The original RepRap was a piece of shit, and cost $$$ plus a year's worth of tinkering to build and get running properly. The latest $Machine produces passably good knicknacks, works out of the box (mostly), and only costs $$."
3) take it to its most illogical, hyperbolic, and unsupported conclusion. "Soon we will never go shopping, we will produce all consumer goods in our own basement for pennies!"
4) find a celebrity to put on the cover. Anyone, really, will do.
5) give the Art department a hit of LSD and Red Bull, then create the cover from (3) and (4),
So, yes, I find WIRED to have enough useful and interesting content to continue paying a subscription price for it. But I open each issue with modest expectations, and drop it off at the gym for someone else to read as soon as I'm done with it.