That's it! You've summed it up nicely. The show is still pretty good, but plotwise there are several other series which I'm enjoying much more than SAO, so the interest in SAO currently is nothing more than my own selfish objective which is to see those two get back together.
Ah, that makes sense; the premise of a Virtual Reality RPG where game death meant real death was one of the main draws of the series to begin with. It would kind of be like a Nightmare on Elm Street movie where being killed by Freddie in your dreams doesn't mean dying in real life. Thankfully I enjoy the series on the whole enough that I don't have the same grievance.
I do watch it, but it has lost its appeal once the consequence of perishing within the game was nullified in the midway point of the series. Right now the only reason I'm still watching this series to see Asuna and Kirito getting back together in RL.