I know I'm liable to getting slated for having such a pass, but I am going to defend it (to a point anyway). I have experienced two opposite sides to the argument, obviously owing to where I have been living.
SOUTHEND: Arriva and First have gone opposite ways since the national scheme was launched in 2008. Guess which one has gone backwards?

Seriously though, First have introduced larger vehicles cascaded from London on to its trunk 27 route to Canvey Island, and have increased the frequency of buses between Leigh-on-Sea and Southend via the hospital from three an hour to four. They seem to be in better shape than ever. Arriva, on the other hand, have gone from something like 35 double deck vehicles in 2004 to just two. Route-wise, Arriva have had to curtail their 5 back to Basildon, as was the case 2003-2008, because almost every user had a pass and they could not sustain the route commercially, especially in competition with c2c on the longer Southend to Grays/Lakeside runs. So in essence, First have done well, while Arriva have not. As for the councils, Essex CC now oversee pass distribution throughout the council, as opposed to the districts and boroughs due to the costs involved; being unitary however, Southend and Thurrock are exempt from this and continue to go it alone.
BATH: First's services are, for the most part, becoming increasingly less frequent. Since the national scheme came in: Service 4 has been virtually abandoned; Service 5 has been reduced; Services 6 and 7 have been halved; Service 10 has been reduced; Service 12 has been completely abandoned (picked up by independent Faresaver); Service 13 has been reduced; Service 14 has the same (helped by the hospital); Service 20 has been abandoned (picked up Rotala-owned Wessex Connect, who for the record are second to Arriva Southend on my hate list). The other local routes are more-or-less the same. Distance routes have suffered as well; Service 271 in particular has been cut to half-distance (with its vehicles given to the city's most important bus route*, the 18. Many routes do, however, now use slightly larger vehicles, which is a plus. Crucially in Bath, the Royal United Hospital is the local major A&E for a large area, spreading well into Wiltshire, so passes are vital - especially when coupled with the hilly nature of the city. I do fear for Services 264/265 to Warminster though; sometimes it can carry 50 passengers per journey and register 45 passes!
(*WHAT?

No it bloody well isn't! First just couldn't care about anyone besides the Uni - and not my Uni either! The X39 is the city's premier bus route.)
I think the current tactic of increasing the age requirement is the right thing to do. In particular, it isn't fair on the average taxpayer if the average 60 year-old is more able and active than in 1990 - but now receiving even more benefit than before. In my opinion, it should have been set at 65, not 60.
And lastly, I have an orange-striped (i.e. disabled) pass, not a blue-striped (i.e. age) one. Don't forget that.