I think you genuinely need that many games to statistically differentiate between good and bad teams in the cap era. Think about how different the playoff picture would have looked this year if there were only 50 games (for example). For starters, Florida would not have made the playoffs and Washington and Pittsburgh likely would have (woof!). Because of the cap, the talent level is so even that you genuinely need 82 games to figure it out now. Not so much in 1986...or 2002. But I think it's a better product because of that. If you're a fan of Detroit, or Buffalo, or Winnipeg, or Florida, or Calgary your team was playing meaningful and exciting games into March and April. In the old days you'd have been watching spring training baseball by that point.
In short, I think there are more meaningful games now than there have been in decades. Maybe not a perfect system, but a really entertaining one for fans across the league.