Dutch renaissance?

For years and years two of my cousins were diehard Holland supporters, while I stood stoically, and against much attack from them, behind England. For years and years, the Netherlands seemed to have the quality of players to destroy everything and everyone in sight. But, ever since Marco Van Basten (now coach) and Ruud Gullit won the Euro maybe, now a decade ago, the Dutch have choked at every competition. Choked. Yesterday, they destroyed the Italians with a classic show of total football that truly harkens back to the days when orange was gold. Is this the Dutch renaissance?