Naturally,
Lost wll continue to decline in the Ratings: it's too late for enough newcomers to hook onto the story-line in any meaningful way.
As far as 'storytelling' goes,
Lost has it all over
TP or most series. ( Some of this just has to be to the credit of the writers and episode directors. There were some goofy and silly episodes of
TP that 2nd season.)
It's like Jazz vs Metal: sure, Jazz produces some incomparably great moments ( atmosphere), but Metal ( or Rock or Classical or whatever) is more cohesive and , ultimately , more satisfying, especially on repeat listening( structure.)
DL is the undoubted master of atmosphere.
MD and
FWWM also had effective structures and character development. The roll-your-own structure and plot of
IE is
really charming, the epitome of his art, so far, and probably suis genris( 'one-of-a-kind'? doesn't look right; guess I never typed it before.)
But
TP or the aborted
MD series: nah, interesting but cheezy, really. One can not substitute atmosphere and characterization for Story over multiple seasons. People will stop tuning in.
Of course, series TV is difficult because there is no one auteur: ditto for films, obviously. They are ( and I am sure this is annoying to an artist) collaborative efforts. This makes the series that really work, like
Carnivale, Deadwood, Big Love...all the more impressive ( and rare.)
(

, all IMO, of course.)