I found USENET and associated newsgroups to be better than the WWW, especially for discussions of software. I once even promoted the use of internal newsgroups w/in a corporate environment, where a history of topics (discussions, problems, and decisions) would have IMO proven extremely useful.
But the idea never got traction: people were unwilling to participate because newsreaders were too different from the browser and they'd had enough trouble learning to navigate the WWW. Once blogs and browser-based "newsgroups" and forums began showing up, the handwriting was on the wall. In the end, the WWW browser's low bar to entry ate USENET.
I still value the treasure trove of information stored in the archives. And some people still actively participate in USENET and other newsgroups, just as some still participate in IRC (Internet Relay Chat, which also is fading). I think these are valuable tools with a lot of greybeard expertise held in reserve.
There's a sort of Gresham's law of the Internet: "The browser drives out every other interface."