Well as @Vinsk stated look at the stats. The scoring averages are lower on the Champions Tour and they play more difficult courses. To me that says the golf is better, at least statistically, on the Champions Tour. As to which is more entertaining, thats a matter of opinion and concerning opinion you cannot argue.
I find a lot of the players on the LPGA Tour boring to watch, thats my opinion as well, if you disagree that is your right.
Count again there are 5
Rolex Women’s World Golf Rankings - Rolex Rankings
Rolex Rankings, the first-ever comprehensive world rankings system for professional women’s golf by Rolex. Discover the latest scores.
They are women. They don't hit it as far as men. I don't expect them to.
But, I get what you and @NM Golf are saying. If you watch golf in order to see people hit it far, then I understand. The LPGA isn't for you.
Here is something I can agree with.