IMHO, the token ring is a superior protocol! It is deterministic, one could allocate bandwidth and priority to a given node, and many other benefits. The problem was marketing ant the greediness and over protection of IBM.
And look at the current Ethernet! Just a point-to-point, switched network, with a single point of failure.
Should also point out that the triumvirate of Digital Equipment Corp. (DEC)--remember those guys, Intel, and Xerox also had a hand in creating the 10-Mbit Ethernet standard that prevailed over the IBM token ring network and others. Funny how much history gets lost in time.