This is very well stated. The Blue Jays definitely need to improve the minor league system but too many people are acting like it's completely devoid of talent which simply isn't true. There is a lack of potential impact talent compared to better systems as too many of the Jays minor leaguers seem to fall into the 45/45+ bracket (Fangraphs) or largely top out in the 50 bracket (MLB Pipeline) with very few players currently grading higher than this. This has somewhat hampered the team's ability to trade for players to supplement the roster as it removed them from contention for the services of elite players such as Juan Soto both when he was traded initially and when he was traded earlier this offseason.
The 2019 team saw the biggest infusion of talent with Bo, Vlad, Romano and Cavan graduating, and it seems like there are people that expect it should be like this every season based on the "waves of talent" statement from Shapiro which was a stated goal. The team has basically been graduating one quality prospect from the system in each season since the rebuild finished. I haven't compared graduation numbers from other teams as I don't follow other team's systems as closely. 2020 saw Kirk and Espinal graduate, 2021 saw Manoah graduate, 2022 saw Moreno make his major league debut, 2023 saw the debuts of Schneider and Horwitz, and 2024 has potential graduations of Tiedemann with Barger, Martinez and even Roden as possibilities.