Sure, easy to see what we have and say "Oh well, we're in the best timeline"
But imagine a world where the 98 film used the 94 script(as opposed to some hypothetical "perfect version" we don't know about).....nobody in their right might would argue that the 94 script isn't miles and miles ahead of the 98 film.
So....all other things being equal. Release date, budget, production value, marketing resources, etc etc.....
If you had ALL of that marketing hype piled onto the 98 film, and what audiences got when they saw the film was the 94 script(assuming all of the usual revisions/smoothing out that happens across pre-production, production, and post-production)....it might have been huge.
It might have been huge enough to launch the monster resurgence that almost happened in the late 90s anyway, like with Mighty Joe Young, and the Peter Jackson King Kong film planned for back THEN.
The superhero genre may have never taken over with X-Men and Spider-Man because of the Monster Boom. Maybe Lord of the Rings doesn't happen.
But we might have gotten a trilogy of fantastic US-produced Godzilla films, who knows how many other big reboots of classic monsters. A Gamera US production might already be a reality in that timeline. Beyond that, Godzilla: The Animated Series would have been a spin-off of THAT 94 version of the movie.
So it would be spinning out of a much more successful film, and been poised to be an even better series because of it. It might have been a hit. Instead of being killed by the likes of Pokemon and Digimon, it might have been the reversal. Giant monster cartoons triumphing over Japanese imports.
That could have hugely influenced the landscape of animation and a much larger piece of pop culture towards more of an affinity for giant monsters. Who knows what original or rebooted works we might have gotten out of that that could easily crush our previous G2K, GMK, or Shin in quality.
Yes, very easy to appreciate what we have...but G98 is such a focal point in the timeline...what we could have gotten if everything had gone right vs how everything went(mostly wrong) is a dramatic difference.
It isn't the SAME thing....but imagine if Star Wars or Jurassic Park arrived and hugely missed the mark and not made an impact or changed direction of anything....we would be in a dramatically different cinema timeline.
"The things you cling to? They are old, and getting older."