I don’t remember them being reformed at all in TNG, but I admit it’s been awhile. I picture them as capering caricatures in TNG. But I’m thinking specifically of that moment where Quark argues with Odo that he can save them a bunch of small dangers by making one big gamble; it shows the Ferengi way of thinking about things as not just allegory, but as an actual culture that succeeds in some ways and fails in others.

Edit: Which I liked since the federation is ostensibly all about interacting with new and different cultures.

Edit edit: Not to say any of that invalidates your own feelings about it. I care about and find meaningful some stuff; you are under no obligation to feel the same way, nor are you wrong for not doing so. I only share because sometimes it’s fun to hear other’s perspectives, and I appreciate you sharing yours with me.