I liked your brief history of the trading card bubble, and it was spot-on. Baseball was never my thing, but basketball was and those cards in 1986-88 (the ones I collected) didn't get printed nearly as much as baseball cards. By 1999, those TV marketing shows were selling boxes or cases of Upper Deck baseball cards with the Ken Griffey Jr. rookie in it. Very overpriced, too. It was crazy how people were speculating in sports cards of any kind. I used to subscribe to the Beckett monthly price guide, which was before the internet took off and it seems archaic nowadays that there were printed price guides.
Crazy how the quality of cards has gone up over the years, and it does seem like Topps and other companies have learned that overproducing cards screws collectors/investors. That's a huge positive. Unfortunately I don't think the younger generation is going to be all that excited about them. From what I've read of the current state of card collecting, most of the active collectors are middle-aged men--sort of like how most current stamp collectors are geriatric ones. Time will tell, but this is still very cool.