Interesting observation, at least you are aware of the trend. Wedding Photography in the UK is a 'race to the bottom' at the moment.
Strange thing is that a lot of Pros are oblivious to where its going and seem to believe that things will pick up soon, not going to happen.
Our wedding enquiries are way up but getting a contract signed is ten times as hard as it was a couple of years ago. My studio has operated in the 'mid-upper end' of the wedding market for about 10 years, its dog eat dog now. Its also not helped by the number of other photographers 'diversifying' into the wedding market, while it was always cooler to say you shot fashion and editorial now most of the competition are happy to pay the mortgage and chase weddings.
The interesting thing is that now the commercial shooters around me get to see how easy an advertising exec. is to please compared to a bride on her wedding day
Its a stressful and exhausting way to make a living.
I dont think MFD has much of a role to play in modern wedding photography.