Rice is less of a threat each year to do his amazing stuff of taking a 5-yard dump pass and making it into an 80-yard touchdown, but he is definitely a man who accrues wisdom and displays cunning. He can outposition most corners in his sleep, and the main trick to catching the ball is getting into position. I guess he "sucks" now if you want to compare him to the top 4 WRs in the league, but he stacks up well against all of the rest of them in turns of production. When you consider that he was 11th in fantasy points among WRs last year, and less than 20 points behind Randy Moss and Jimmy Smith, it's pretty tough to say he "sucks". He's a starter in any fantasy league.
I agree with the previous poster that Rice will be a big contributor as long as he plays, and I have no doubt that when he feels he can't make a big contribution, he'll retire.