I would argue despite dominance by one team 2014 & 2016 were good seasons, Rosberg and Hamilton battles were intense and interesting even for a neutral. Once it was Bottas, Hamilton had him covered 90% of the time so it was down to Ferrari which never goes well.
This season feels a bit like a 2015 for Max, everyone knows he's going to win it in a dominant car and Perez can huff and puff all he likes there isn't any way he's matching him over a season. Now you have a driver of that rare ability to extract that extra 2-3 tenths out of a car in a car that already has 4-5 tenths on the field (I honestly think its more, Red Bull are pacing themselves to avoid FIA poking their nose into slowing them down). Ferrari have dropped the ball hard and are lost on development, Mercedes took 18 months too long to admit their path was wrong and the rest don't have the resources/internal talent to compete at the front.
Anyone that likes Max will enjoy it, as a Hamilton fan I've had my share of winning so really can't have any complaints on watching dominations. The issue really is the sport since I began watching it has always tried to prevent dominant teams and has somehow always ended up with it anyway, Schumacher/Ferrari, Vettel/Red Bull, Hamilton/Mercedes and now Max/Red Bull. The main problem nowadays is the price cap which simply stops teams from ever catching up once you reach a point of development, in the past they could throw money and man hours at a problem and rock up at the next race with an extra 3-4 tenths, now it's gradual development and when you have a legit rocket on the grid which is probably going to go down as one of the best F1 cars ever, the field is screwed.