There's definitely phenomenal tag team wrestling out there if you're willing to look for it. There are few things that bother me more than people who bemoan the state of tag team wrestling in the WWE and TNA (rightfully so), but refuse to go into the indies to go and see the fantastic tag team wrestling that's out there. I'll profile some of it.
-ROH - Ring of Honor has some of the best tag teams in the world. The World's Greatest Tag Team, the Briscoes, and the All Night Express. In 2011, ANX and the Briscoes had an incredible blood feud that culminated in an awesome ladder match that rivals the best of the WWF's prime match. With the rise of new tag teams in 2012 and the retention of all of those strong names, you can certainly expect continued tag team excellence from them.
- DGUSA - 2011 had loads of great tag team wrestling for Dragon Gate USA. They held a title tournament at the start of the year and crowned new champions. There are constantly great matches among the greats of Dragon Gate, as well as mixing up with unique American talent.
- CHIKARA - CHIKARA has amazing tag team wrestling. The Colony, the Batiri, UltraMantis Black and Hallowicked, the Throwbacks, and FIST. They all regularly do battle and they meet in some epic clashes. Pick any night of CHIKARA wrestling and you can find excellent tag team rivalries.
Right now, all over the indies, there is tag team wrestling to rival the greatest heights of Edge and Christian, the Dudleys, and the Hardys. Just look for it. If you want the best example to go seek out, watch some Briscoes vs ANX. It's worth your time.