"Schutzhund as a breed test has given us Rottweilers, Dobermanns, and GSDs as they are today"
Schutzhund has not given us the breeds as they are today. Breeders have given us these breeds of today. Breeders who do not want to have a great working dog gave us the dogs you speak of. There are many poor representives of malinois and dutch shepherd but it seems to me you have only seen great examples of these breeds. Ring has not given us the great malinois that you speak of. Only breeders who value the working ability of these breeds and strive to improve them have produced the better dogs. A sport is only one tool in evaluating a dog. It is not the end all solution.
Here is a link to the great working dogs of the past.
http://www.workingmalinois.org/discuss/viewtopic.php?f=7&t=1314
Paul Konschak