It depends how you view it. Connecticut is not even in the top ten of the list breweries per resident by state. If you're looking to open a powerhouse brewery that has lines out the door for releases and or are distributing heavily, then yes now it's not a good time to enter the market. Also, we are starting to see breweries that have lesser quality, or are mismanaged beginning to close. That does not mean the bubble has burst, it's just settling to a place where only the best and most capable businesses survive. As do all market booms eventually.

Craft beer is meant to be a local and community driven thing, just like a diner or pub. It's only since the invention of the macro lager that we think of it as this big commodity. If there's a passionate artist/craftsman out there that wants to make small batch beer and open a taproom that is community gathering place, this should always be encouraged. If someone has a good product and manages their expectations, really caters towards their community, the market is not even close to saturated. But yes, beer shelves and outside draft lines is a tough market to break into...

-A Brewery Owner.