I feel like it doesn't have to be either/or. The Divine Beasts could have been fully fledged dungeons along with the shrines. It's not like there isn't precedent for a beloved Zelda game having only four main dungeons (though to be fair, Majora's Mask does sometimes catch a bit of flak for that). Even better, the Divine Beasts were optional (kind of), so you wouldn't even have had to do them if you don't like traditional dungeons.
Of course, there's the argument that the main reason we got 120 shrines was because they didn't have to put as much thought into the Divine Beasts as they would have had to with a more traditional dungeon. I don't know exactly how many shrines we would have to trade for a more traditional dungeon, but it's probably a lot. And less shrines means less stuff to discover, which would make the world feel emptier. Maybe the world would have had to be smaller, too...
I definitely want some traditional dungeons back, but it's interesting to think about this stuff because it kinda gives you a glimpse into the train of thought of the developers. The huge world is a big selling point, so we have to populate it with something. And if we need to make so many shrines, we don't have the resources left over to make proper dungeons. Everything is connected like that. It's pretty interesting.
Of course, there's the argument that the main reason we got 120 shrines was because they didn't have to put as much thought into the Divine Beasts as they would have had to with a more traditional dungeon. I don't know exactly how many shrines we would have to trade for a more traditional dungeon, but it's probably a lot. And less shrines means less stuff to discover, which would make the world feel emptier. Maybe the world would have had to be smaller, too...
I definitely want some traditional dungeons back, but it's interesting to think about this stuff because it kinda gives you a glimpse into the train of thought of the developers. The huge world is a big selling point, so we have to populate it with something. And if we need to make so many shrines, we don't have the resources left over to make proper dungeons. Everything is connected like that. It's pretty interesting.