You're also forgetting the phase with Wolf on bass.
As bands, no, they're not equal. I don't even like different albums equally. But in the end, it's Ed's playing and feel and inventiveness and spirit that just works for me.
I think VH3 was to Van Halen what The Last Jedi was to Star Wars -- some promising ideas that were ruined by bad editing, where the fans' negative reaction led to a dumbing down and limiting of the overall art.
Everyone, from people in the band to managers to even their successors, credit Dave for Van Halen's success as a band. He's the one who put heavy metal and 1940s Dance Hall style together; he was the motivator who got everyone off their asses and picked them up when they were down. And it really bothered Ed that Dave got any credit at all.
Mike was robbed.
Sammy is the one person who comes off the worst in all the stuff. Even Ted Templeman, who early on (prior to the first album) considered replacing Dave with Sammy, not only realized that it would've been a huge mistake to do so, but when Sammy did come around, refused to produce any more albums (though he helped with FUCK since the producer they DID hire was too drunk to do his job) and described Sammy as the guy who moves in on a separated couple before they have a chance to try to work things out. Sammy's take on things clashes with others' independent takes. And even Sammy gives Dave credit in his autobiography.
Ed wanted more and more control, but like George Lucas, some artists need that feedback to be truly great.
All that said, I'd rather have 10 more VH3's than the silence that followed it. A Different Kind of Truth is horribly underrated, even if it is a cleaning up of old bar-era riffs that had otherwise been left on the cutting room floor. I'd rather have more Sammy, More VH3, More anything.
Ed could ship the sounds of him pissing on the mixing console and I'd buy it.