Yeah, I'm referring to this specific subspecies of electronic music with big basses, simple melodies, chopped pop vocal samples (or now it may be mantras or tribal chants because it is "psy" and "spiritual") and the compulsory white noise risers each 8 bars. It may have some elements of trance, house, dubstep, electro, now psytrance as well but in fact it is a self-contained genre which has nothing to do with any of these.
I guess it is more successfull at dancefloors because it attracts casual people who just want to dance, hang out and have a good time. Therefore many of the former trance and psytrance artists are jumping on the EDM bandwagon and adapting their music like that "Long intros? Nah, people wouldn't dance to them. Lush pads, trippy textures, deep atmospheres? Screw that, people need fat bass and a simple tune to sing along. Ok, let's also drop some squelch and a Tibetan chant sample here, maybe some of the psytrance fans will still buy into this".
Actually I was listening to various electronic music, not only psytrance, for more than 10 years already, and even have made and released few tracks myself so at least I understand how these weird electronic sounds are made. But I'm still finding sounds, melodies and production tricks in various tracks that amaze me every now and then, but not in the EDM area. Not that I'm a genre purist, I agree that EDM serves its own purpose and has its own place but this is not what I will ever listen to on my own.
And after all you've said about the electronic music saturation and that what used to be weird and exotic is not exciting anymore (with which I agree to an extent), it's a bit puzzling that you are finding something valuable in tracks that sound like superficial recycling of the most cliched sounds and tricks, but well, whatever floats your boat.