I have to disagree mate.. are you saying mediacorp and all aspiring film-makers should stop making stuff becos their script isnt like "this over-rated emo tale" standard? =)
Truthfully, I don't even know how to begin to answer your question but I will try my best.
Firstly, scripts, like many things in life, come in different forms and tell different stories about a myriad of different things, in so many different styles.
That's why there are action flicks, fantasy flicks, romantic flicks, comedy flicks, documentary flicks, bla bla bla, to cater to the different audiences who wants to be entertained by different stories everytime. This being a non-action production (unlike your productions, for example) doesn't mean that it has to be labelled 'emo' because it has its own objectives and targeted audience.
The keyword here is 'different'.
Secondly, 'over-rated' and 'emo' I suppose are just your own descriptions of The Eulogy and they are precisely just that - your own opinion. Nobody can change that. Nobody can also change the fact that so many people from all walks of life think that this commercial is 'moving' and 'well-executed'. It doesn't matter if the idea is less than original.
As I said, in the design and media industry - replicating of ideas occur on a daily basis. It's just how you tweak and make it your own, and execute it well, that makes all the difference.
In the film context, any nincompoop with professional equipment and operators can spend S$7.50 and watch a Hollywood blockbuster and go back and replicate the same camera pans, tweak the same colours and add the same (well, almost) special effects to their production and beat his or her chest and proudly claim his or her achievement. It's just a matter of whether the story is well told, the scenes well acted out, the casting well done etc. that eventually make millions of people spend money and 2 hours of their lives enjoying the production.