However, that capability is ONLY a function of increased ordnance effectiveness, and ALL it measures is the effectiveness of the CVW in the strike arena.
That is not a factually true statement though. The F/A-18 as a platform, even if all ordinance was the same, can still sustain a greater sortie rate over a longer period of time than any previous carrier strike or intercept platform. There are certainly other factors where other platforms are specifically more superior on a tactical level, but none of those other platforms can match the F/A-18 maintenance record which accounts for the higher sortie rate, and none come close to matching its sustainment rates recorded in wartime operations.
I'm not advocating the F/A-18 is the best platform for all roles (or any specific role actually), but because of the F/A-18 the a CVW today can sustain operations for intercept or strike longer than any CVW in history. Ordinance isn't the only factor, rather it is a major factor in accounting for the substancial increase over previous generations. To say it is the only factor would be to ignore the most time critical element of any CVW during military operations, maintenance.
Sure, the F/A-18 is all that is left, but about the best you can say is that increased ordnance effectiveness has covered the increased shortfalls in range, payload, and perisistence-and other mission shortfalls such as ASW-brought about by all Hornet deck.
Is the CVW more effective in fighting a combined surface, subsurface, air threat into the littorals (where its obligated to be because of its lack of legs)...?
Numbers of aimpoints that can be struck doesn't answer that question.
What shortfall in persistence? Range and payload shortfalls over previous CVW I agree with, but not persistence. After 48 hours of operations a CVW squadron couldn't average more than 1 sortie per day in the past, but today’s CVWs have been able to do this many times in operations. Remember, while combat capability matters at the moment of attack, the moment of attack is less than 1% of the time in any given sortie. The CVW of today is more efficient than any CVW in history, particularly over periods of time measured in days. Efficiency is critical to sustained operations.
Yes, today's CVW would be more effective in the littorals than previous generation CVWs, but this has nothing to do with platform or ordinance, rather because of technological improvements in electronics.
Precision weapons ONLY made that difference. Shortsighted decisons caused that 1989 airgroup to be incapable of not putting substantially more aimponts under threat than the one circa 2006....
I agree with your second sentence, but precision weapons aren’t the 'only' difference, rather it is the biggest difference. Aircraft maintenance is also an important factor, and the superior electronics of today’s CVW accounts for major increases in capability as well.
In the limited context of strike warfare you are right....But is the CVW OVERALL more effective?
One of the historic selling points is that a carrier can visit an enemey "without a calling card". Can't do that today. Without significant land based support, the carrier is not in the fight. This is chalked off to the USN doing the right thing and being "Joint".
True, but the Navy isn't the only service guilty of this. The EA-6B covering the gaps in the USAF inventory in Iraq is another example. There are more advantages than disadvantages to the "Joint Warfighter" concepts, so in general you are correct the specifics make it more complicated.
Is the CVW overall more effective than in the past? Depends, but mostly yes. While I agree not as effective as it could be if given more tools for specific missions to work with, the efficiency of today's CVW does make it easier for war planners to get the job done faster than in the past, which is one way to evaluate effectiveness. A point here is in the past the CVW was asked to take on a much larger role in the past than it is today, or will be in the future. Ship/Sub based strike weapons and joint capabilities have changed the calculus of some of these metrics, after all, deep strike on hardened targets is a tomahawk issue where it was an A-6 issue in 1989, and the move to a CSG integrated helicopter based ASW and MIW forces, backed by unmanned vehicle sensor support, and in combination with submarine perimeter sentry's has changed the ASW and MIW metrics.
One example is the ASW point you made. I consider the retirement of the S-3 from ASW, and tanking for that matter, a major issue that without question reduces the potential capability of the CVW, and I think the recent tour by the Big E to the Mid-East highlighted this yet again. However, the 1989 CVBG with 5 ships would have a maximum of 14 helicopters, with no more than 6 able to support ASW, ASuW, or a logistics mission at any one time, much less a sustainable rate, and nothing for MIW.
In 2010 a CSG with 5 ships would have a minimum of 10 helicopters for any ASW, ASuW, MIW, or logistics mission at any one time. That is a major increase in persistence even when accounting for the loss of the S-3s, but at the cost of range and speed.
So to answer your question, yes today's CVW is more effective than in the past. There are obvious ways a CVW could be even more effective today, but that doesn't mean today's CVW is in any way less effective than in the past.