well to some certain extent, yes, F1 has lost its charm due to Schumacher (Michael) and also many experienced drivers shifting or retiring like Juan Pablo Montoya who was probably the most courageous overtaker in F1 history or even Kimi Raikkonen who shifted to WRC. But nowadays the charm is back with many drivers in the hunt for the F1 championship e.g. Button, Hamilton, Alonso, Vettel, Webber.