T and N has gone downhill. They were the label to be on, for christian bands anyways, it's like all the bands got smart and realized the politics of playing to youth groups outweigh the perceived financial gain. Also, Ebel is a megalomaniac. Good for this band, even though I don't care for them at all.
I don't know if they've gone downhill, but they definitely aren't doing a good job at supporting their more unknown bands. The only bands they talk about are Underoath and Thousand Foot Krutch. Its sad to see Bands like Secret & Whisper and Queensclub give up music because of that..