Disliking something doesn't mean it no longer exists. The high valued capital loot is definitely there, rejecting it is just kind of like your opinion on the matter. Besides, any kind of bounties, missions and loot are completely irrelevant when you've reached paragon mass production endgame. Nothing can hold up against it.
The point is that the value of salvageable ships depends on context. A bounty that drops 100 pristine recoverable hammerheads is not the same as paying you 9mil because you can't actually take or use the hammerheads. That is not my opinion, that's a consequence of the game mechanics (limited battle size, fleet cap, and officer cap). Another way of saying this is that there are diminishing returns on having more ships. The first time you get offered a ship, it is valuable, but the 3rd or 4th time you're offered 3 onslaughts as a fight reward they're just not worth anything anymore
because you already have as many onslaughts as you can use. Different people have different limits on how many ships they think are useful, but the deployment and officer cap keep that number pretty low for capital ships and cruisers. Maybe what I'm trying to say is that if you're actually using bounties for income (i.e. grinding lots of them), you're going to be offered many many more ships than you can actually use (or want to use), so they're just not that valuable. I'm not saying there's no value, I'm saying the value decreases after only a few bounties because you will have what you want/need, so it's very different from just paying you cash.
Another point I was trying to make is that in my experience, at the point in the game where I am capable of fighting the highest tier bounties comfortably, the capital ships are no longer valuable to me because I already have the ships I need. Beating one of those bounties with a fleet that doesn't already have multiple capitals is very very difficult (I've only done it once with a cruiser only fleet and it cost me all of my cr on every ship and a few loses as well). In my experience the capital ships rewards are not valuable
to a fleet that can beat the bounties comfortably. Maybe other people have different experiences but that is mine.