We've used the TiW card for years, going back to when it was the DDE. For us it's worked out great. We would visit 4 - 5 times a year, would always dine at one or two Signature restaurants, order a bottle of wine, plus pre and post dinner cocktails. We often brought visiting friends with us, so sometime the card would pay for itself over one long weekend.
Pre-pandemic, we had already been considering not renewing for the first time in a decade. More limited entrees, lesser atmosphere (i.e. removing Mizners and the Orchestra from the GF), rising prices of both the meals and the card, horrible waits for tables (even with ADR's) - the WDW dining experience just isn't that good anymore. Now, with all the closures, we definitely won't be renewing or returning. It was a good run, but all good things must (sadly) end.