Yes, and yet: it still ranks higher than some of the countries who will now have more of a say in how things are handled. Insomuch as managing DNS is concerned, I don't believe there were wide disputes. This is a power grab by other countries, and I don't really see how it should be important to them unless they plan on making substantial changes. That should probably concern you, but since you seem to think the USA sucks, maybe you'll bake yourself a cake and celebrate or something.
Don't forget people: USA is pure evil, so anything that knocks them down a peg must be good for the good folks of the world. Or something, right?
You fail to see this from the eyes of residents of other countries. How about we would move the control to the country with highest Press Freedom Index, which would be Finland (https://en.wikipedia.org/wiki/Press_Freedom_Index)? That would invalidate your argument, but I don't still think it would be a good situation (and I'm born and raised in Finland).
This is not about USA being evil or not, it is about a single country having so much control on osmething so fundamental. Think about a situation where for example one country would be in charge of the whole electricity grid operation (pun not intended) - it would be pretty scary, wouldn't it?