Before you go too far with agreeing with me...
I'll say that Midland Red West did a hell of a lot of things right, and were rightly praised and recognised (see marketing) - and I suspect they were responsible for kicking H&WCC into order in the early 1990s as the transport policy became suddenly more switched on. Despite expensive fares, there was a lot of goodwill with the travelling public, and over this side, even Yeomans struggled to take appreciable numbers away when they challenged the established MRW routes.
That all changed c. late 2000, when the repeated cuts to frequencies, evening services, routes began withering away the network whilst the fares were shooting up. The Worcester Evening News effectively declared war on First, rightly so, with little come back - the letters section became filled with criticism most weeks (and unlike the Bristol Evening Post - this was much more justified).
From 2002 the marketing and PR had seemingly gone, customer services stopped responding to complaints (I'm still waiting for some replies...), and the general public had been completely alienated and antagonised. There was no goodwill left - and I would assume that is wholly down to First's management post-Ken.
The attention to detail then fell away.
The 2004 "Overground" launch had the wrong buses with the wrong branding - so they all had to be rebranded two weeks later, the branding covered the "First" logos on the varios as it was too long, and 2 months later the services got cut and fares went up so half the window vinyls got peeled off...
The timetables for those September cuts weren't proof read - my route was changed to go via Knightswick, Whitebourne, Bromsgrove, Stone Lacy and Whittington, amongst others, and worse so - 100% of the bus times were more than 20 minutes wrong! The Worcester bus station timetables weren't corrected for a week - despite the stop being directly in front of the inspector's preferred smoking spot.
Shortly after the "modern" Varios went for tatty but comfortable agricultural Darts in various colours - which shook, squealed, and had a habit of cutting out in neutral. Of course the fares went up again, and the frequencies came down.
I'd say by 2005 irreparable damage had been done - the First brand had been completely tarnished by combination of management errors and press coverage, and the public felt that they were being treated with contempt. I think there was a change of management again around then and generally some stability - nothing spectacular but no significant further decline until the money ran out completely in 2012.
Much is said for how it's difficult territory with an apathetic local authority. I would say Worcestershire is the way it is because for most of the 2000s 95% of the services were run by an apathetic bus company - encouraging a "don't care" attitude all round. Herefordshire has a similar hopeless council, and much worse bus territory - yet things seem a bit more joined up and switched on. Note that since the 192 was binned in 2002, First had been a minority operator in Herefordshire...