Gen x and millennials know they were absolute terrors as children. We don’t want to deal with that shit so we’re raising our kids to be better than we were.

If we were it was only because we were abused and neglected by our boomer parents.

IDK about this. Today’s extreme focus on helicopter parenting seems to view “having room to play” as CPS-worthy neglect. Shouldn’t there be a middle ground?

There are different kinds of neglect besides not being physically colocated. Ignoring your childs needs for example. Some parents may spend nearly all of their time around their children, but never do anything to address their emotional needs, or even actively suppress them. As a child I was often punished or denigrated for having and expressing strong emotions that were inconvenient for my parents, to the point I felt like they didn’t want me to have emotions at all. Some parents neglect their children’s sensory needs, sanitary needs, hunger, thirst, need for sleep, need for solitude, need for play, need for socialization, need for autonomy, need for learning, need for structure, or whatever else. I would argue helicopter parents usually neglect a number of their child’s emotional needs and treat their children more like a doll or pet than a whole person they are responsible for raising into an adult.

besides not being physically colocated

This isn’t neglect IMO. Kids should have at least some time separate from their parents (tbf, this means different things at different stages of childhood).

The rest of your post, OTOH, is spot on.