I agree with everything you've said, except for this little part. More often than not, most reporters would get the on-camera interview but when they have to do 5 versions of two different stories for the many newscasts you mentioned, they end up cutting corners. It sucks, as I'm sure you know too, but it's a crappy box they're pushed into by news directors who listen to consultants who think they know what's best for a certain city despite having spent 10 minutes in that town. It's an unfortunate cycle that is driven by the almighty dollar and the two groups that suffer the most are the viewers and the reporters who get paid $hit to do way too much work.
I'd love to sit down and discuss the broadcast world with you. You're very knowledgeable and have been in the business for quite some time. I eventually got out because of all the bs described above but I would be lying if I told you I didn't miss the excitement of breaking those stories that truly mean something to the community. Working in the news is the most exciting but most stressful job I can imagine. And it's a very fine line between those two emotions.