Do you think there's a point in Smogon trying to create a balanced metagame in Pokemon's current state?

The borderlines are growing disproportionately large, a Pokemon was too powerful for Ubers, Fairy is a ridiculous type that's fucked up the entire metagame, half of newly introduced Pokemon each gen are banned immediately, and bans are just leading to other broken things lacking their established checks.

Chaos reigns. Power creep was crazy in gen 6 and it's getting even crazier. Mega Metagross was banned by a thin margin, and many were concerned about how the meta would look without it. Soon Greninja will be suspected, and then Tapu Lele, and then I don't even know what else. We don't even have access to every Mega yet, which is going to be an even bigger headache.

Is there a point in trying to stabilize this shit anymore?