Personally, I tend toward liking both types of shows. The larger productions shows (like the ones they've had since ADTOE as discussed) and the stripped down shows (my personal favorite being the 2010 Columbus OH show; GA admission and we were right in front of JP). Each type of show has it's draws for me. If I was forced to choose one over the other, I'd honestly choose the stripped down, spit flying, sweat-in-the-eyes show every time. Making eye contact with JP for the majority of the show (and my wife catching a pick that he basically handed to her) will always stick with me. I felt like the show was just for us.
Of the polished shows I've seen (at least one or two every tour since TOT), my favorite was likely the DC 2014 show for the Along for the Ride tour. That show and setlist was just incredible for me!