If 1% of indie games are solid, and all AAA game are solid, and there are 100 times more indie games than AAA games, then there would still be the same amount of solid indies as there are solid AAA games. As it is, I think for every good AAA game, there are somewhere between 50 and 500 great indie games.

Finding them is slightly harder, but absolutely worth it.

In any case, complaining about how many games there are out there that are not your thing is a waste of time. Much better to define what you like and look for recommendations from people who like similar games. Who care how many FPSs are released if you don't like FPSs? If you like RPGs, find RPG gamers and ask them what's good. Substitute for any genre; there is no genre out there that's not getting more releases than you could possibly play.