*counts number of times Skrillex's name comes up in this thread*
*slams head into desk*
Skrillex has done more to single-handedly trash the sound than the rest of the new wave of producers combined. He had some neat ideas at first but his 'music' has devolved into what sounds like a car crusher fucking a dinosaur. I for one don't really like him-- he has two tracks to his name that are remotely decent, and I don't have a clue why he's exploded into such popularity.
/rant
With that out of the way, there's plenty of good to be said about the sound. You can't escape its influences on electronic and dance music, it's becoming downright ubiquitous. If nothing else, its desire and capability to morph into different beats and time signatures makes it a nice change of pace in dance music from the never-ending untz (untz untz untz) sound that's dominated the EDM/IDM for damn near 3 or 4 decades or longer.
The big problem is there's too many amateur producers out there cranking out uninspired oscillating basslines like there's no tomorrow. Making a bassline and looping it for 5 minutes over some random drum patterns, or dubbing your oscillating bassline over a pop song does not a music track make-- you'll hear no arguments on that one from me. And there's a LOT of that shit out there. A goddamn lot of it.
I appreciate artists who are willing to tackle the sound and the style and make it more than just a wobbly bassline. Producers such as Pretty Lights, Bassnectar, MiM0Sa, The Polish Ambassador, Pantyraid, Phutureprimitive, Skream, and others of their ilk are doing the sound great favors by trying to grow and expand what dubstep means, incorporating varying degrees of its sound and its inspiration into tracks that are most certainly music, and most certainly containing soul, not just robotic, by-the-numbers, formulaic beats and drops.
Give any of the above named producers a go. These guys are making sounds that are the real future of the music, not uninspired bang 'n' clang and endless massive drops made solely to please the sweaty frat kids.