I'd rather be adequately well trained using our equipment within our networked force than super highly trained in almost any other nation's military. The edge we get from our tactics/techniques/procedures and our gadgets is enormous. Not sucking helps, but it's the system and processes that give the US military it's real capability.
The added bonus is that although sometimes our individual combat skills sometimes aren't the absolute sharpest in the world, we routinely train each and every military member to make decisions that in other forces are made at higher ranks. In the US military, instead of making every troop a ninja master of hand to hand combat we try to give every private enough training and information to make decisions that used to take an NCO. That sort of power extends to all levels of the military and it can be very effective when the fog of war prevents more than vague objectives from being disseminated to every troop. Instead of sitting on their butts waiting for orders, they can work out their own best way to achieve the briefed objective while trusting that everyone else is doing the same thing.
The only drawback lately however, is that technology now allows very high ranking officers to take a virtual look over the shoulder of individual soldiers/airmen and influence the actions of individuals. It is pretty much contrary to every bit of progress we've made towards centralized command and de-centralized execution in the last 100 years, but the lure of the command center predator porn is hard to resist.
