I'm not a fan of blink 182, or nirvana, or any of the guys you're probably refering to, but I don't think that I should have a record deal just because I play better than them. They are making catchy pop tunes, to judge them by their skill as guitarrists is foolish and irrelevent.
Listen to what you like, but don't judge others because they listen to or perform music that requires less skill to pull off, if I listened only for skill then I'd probably listen to elliot fisk all day long, but I have other tastes as well, and I don't get angry every time i see somebody bashing out power chords on tv.