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MichaelKatsuro
Since: Apr, 2011

FTR, the phrase means, "This remains more beloved than its successor(s)", doesn't it? I've found and edited three instances of someone using the term to mean, "This couldn't compare to its predecessor(s)"; the fact that it meets the Rule of Three makes me want to double-check that I didn't misinterpret the phrase myself.
To recall a specific example, YMMV.Hello Dolly referred to Bette Midler as a tough act for Barbra Streisand to follow, even though Streisand played Dolly in 1968, and Midler in 2017.