Tezza,you're at a point most of us have been at.Especially if you factor in the geographically aspect.Now you've reached your conclusions,you can step over that hill and get on with picking and choosing nights/niters to suit you.
Times are tough at the moment for anything but the nostalgia scene,but the only way is up.
Going underground? Something i've mentioned on here before,but that needs commitment,effort and not least something new to offer the people paying to frequent the new venue.This may be the way its marketed,advertised etc - but truly underground in my opinion would be more word of mouth,membership route.
Smaller club night,more intimate,all dayers. Hang on,we've already got that,just need to look harder.
As for in your area,this has already been and gone.Hardly anyone 'round these parts supported 2 clubs in particular, because they were'nt bangin clonkin and stonkin.
Viva le Resistance.
or ....