Wholeheartedly agree, the last 3 MI movies have been better than the last 3 Bond movies in the spy/action genre, they seem to be out-bonding, bond.
They have certainly outclassed Bond in the genre.
I find it a shame when the budgets are so high for these films, that some basic things like screenplay and editing are lacking. Sure they need a broad appeal, but it doesn't stop me wanting a decent director who could lend some craftsmanship to the entire production.
On the subject of alternatives, "The November Man" with Pierce Brosnan was a decent spy film that I enjoyed more than the recent Bonds also.