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The big two superhero companies have stopped just being companies that tell stories in comic form. They've long since become machines for maintaining stables of characters for toys, games, cartoons, and movies. When we are lucky, they still turn out good comic book stories, but ultimately they work within a framework. That framework requires popular characters to continue having adventures.
Sadly, I think most of this is true. It's also why I had no idea prior to reading this thread that Nightcrawler is dead! Those reasons you list are the exact same reason why I've significantly shifted my purchasing budget over the last few years from new Marvel and DC comics to reprint TPBs, and why I care much more about the Nightcrawler of the 80s and 90s than the Nightcrawler of today.