I don't expect it to, either.
But I still feel sad that I'm still using Feywild gear at cap, 3.5 years later. Would new stuff be better? Probably. But with the reaper+mythic on the sets, it'd take a great deal of grinding to get something meaningfully better. I just can't face that. So I TR my second character instead.
I understand why they did the stat crunch. I do. But I think it's sad that a new expansion with a level cap raise doesn't mean great new shinies to look forward to. Yay, 1 more dice of elemental damage and +1 to hit and damage, I can't wait to grind hundreds of hours for that.
(Yes, TRing takes time as well. But at least you're making progress. RNG being what it is, you might go a looong time between the drops you want. With TRing, any xp is always progress)