We've covered this topic in another thread so I'll just copy and paste my thoughts on this issue:
ATP does NOT have a problem. I love this transitional period when new stars are coming through. Everything goes through cycles and the world of tennis is no exception. You can't expect these young players to have 10 slams to their name when they have barely turned 20. Why are people so impatient?
I really do love the ATP as it is now - its diversity and unpredictabilty. There are so many exciting players around, young and old.
I don't like domination of any kind. I have no desire to see the situation in the WTA repeated in men's tennis. Besides, Andre and Pete are hardly dominating the tour, are they.
And that's what makes this period so exciting. We don't know which players will turn out to be the future great champions of a new era. But we can follow their progress and witness the birth of greatness as it happens. And there will be breakthroughs, of that I have no doubt. Like I said, it's just a phase in the cycle.
So to sum it up, no, the ATP is not going through a weak period, on the contrary. I've never enjoyed tennis more.
You can't judge the state of the ATP based on one tournament. As for the remark that there's not enought talent around at the moment, I beg to differ. The new balls are very talents, they just need more consistency and that comes with age and experience, as it did for the old guns.
Just what do you mean by the next generation? The players who have not started playing professionally? I wouldn't write off the current generation of players so easily. They have already achieved some pretty remarkable results, with plenty more to come.