I'm sure you're right. I can't remember the last time I saw a starred recruit at D-II--it may be 10-15 seasons ago in D-II Crum. I know I used to be happy to sign guys ranked 160-200 and now it's not hard to sign guys 110 -150. The problem is those guys aren't nearly as good as the 160+ guys were in the old recruit generation. I remember signing regular D-II recruits--not dropdowns--better than most of the dropdowns now.
The players are not as good, but it's all relative once the world is full of the new recruits. You always just get the best players available. Though in Rupp, I'm going to take a beating with 6 fr. and 4 soph, vs a world of old recruit jr. and sr.