If they were to have done an eighth season instead of going the movie route, here's what I would have liked to see.
Take the whole season to show that things are winding down and these people are getting ready to move on to other careers and other lives. Picard and Crusher should finally get together, acknowledge their love for each other, and retire, and Riker should get the Enterprise. That's really what Riker's character arc (such as it was) was leading up to. That's why he declined all those other ships...because he wanted the Enterprise, duh! Data and Geordi are the ones who should have gotten their own commands on other ships (or better yet, have one in command and the other the first officer of the same ship, as TNG made it obvious that they've become best friends.) Troi would stay on as counselor after realizing that she and Riker are ultimately just friends and nothing more, and both are happy with that arrangement. And Worf would have had a great opportunity to return to the Klingon homeworld with Alexander in order to teach him the ways of being a Klingon that he didn't have with his own parents.
No useless planet-of-the-week episodes. No Romulans, no Klingons, no Ferengi. Nothing but our heroes' stories.
All of this stuff was right there waiting to happen. And it didn't, because they decided to make four lackluster movies instead with Picard as action hero, Data as his sidekick, and the other five characters just, you know, there.