Again, you are completely on point. I noticed this competition was uploaded to YouTube recently, so I took a gander, and I was stunned at how much more enjoyable the ladies' skating was back then. And that applies to the entire field, not just the medalists.
I'm feeling charitable tonight, so I won't solely blame Russia for the degradation of women's figure skating, as there have been some enjoyable Russian skaters over the past decade, but I do place a bulk of blame on the Tutberidze school of skating, along with the judges for vastly overscoring these skaters.
I will also note it was remarkably refreshing to watch figure skating without vocal music. I realize this comes down to the matter of taste, and to be honest, I pity those who do not share my opinion. But when lyrics were restricted, we saw significantly more variety in program styles and genres.