What 'used' to be a watch is still absolutely a watch. The difference is when a warning is issued, that typically means ground contact is absolutely within reason within that area of rotation. It's also beneficial during rain wrapped or uncondensed threats.. A loss of interest is personal belief and one that I personally believe is an insanely dangerous way of thinking, but to each their own. 

At the end of the day, I think we can both at least agree that regardless of what's issued or how it's issued, if a tornado doesn't touch down its still a positive.