Culturally speaking you could argue that the community has grown into its own unique code of ethics. Whether it be in defining the parameters for raiding to how we conduct diplomacy, you find widely accepted concepts such as 'white peace', 'EZI', 'old heg', etc, roundly defined and agreed upon and shaping the way we conduct affairs.
Politically you see powers walking a tightrope, trying to balance security with action, while avoiding the 'as bad as the old heg' label. The devolution of the political sphere that began with the take down of NPO and friends has slowed since Karma, as even the ghost of NPO was a worthy boogeyman to maintain a ready coalition. Now that the final nail was seemingly planted in the coffin of 'the old heg', who knows what will happen; an accelerated devolution resulting in multipolarity, or a big war leading to an even firmer coalition than what the SG represented?
What "makes me happy" is watching the culture evolve as political realities shift. I presently enjoy the current culture of competition that exists, vs the might makes right culture that defined the "material reality" era of the Old Heg. I also am enjoying all the blocs and spheres of influence that are competing for positions of power. IMO the game is alive and well.