Nice thoughts Chris.
This purge is something natural and expected. It's just not possible that all the companies would deliver what they promised to build, from all the ICOs that probably 1-5% will deliver on their promises.
Eliminating the non-competent companies and coins is definitely something I look forward to since it will quiet the noise and we will get a better ecosystem as a whole, converging and clearing the path to the big money as you call it.