Look at what the CW would evolve into though. Star Trek didn't really have a place on that network anyway unless they really did do a Starfleet Academy sexy hot teen drama show that would be cheap(ish) to produce and didn't require new sets every week.Franchise fatigue is a myth. JAG/NCIS has been on the air since 1995 and has produced over 1000 episodes so far. The Law & Order franchise has been in the air since 1990, also 1000+ episodes. The Chicago franchise since 2012 and in those few years they've pumped out 450 episodes over 4 series, 3 of which are still running.
Calling it franchise fatigue implies there was nothing that could have been done, the audience was just not interested anymore but Enterprise just wasn't a very good show and the new blood in season 4 definitely didn't help, the show became more interesting for long time fans due to all the TOS and TNG references they did but there was no way this would attract a bigger audience. I still think season 4 was the worst season of Enterprise because for all its flaws at least the first seasons weren't just fan wank, by season 4 the writers had given up and didn't even try to do a show with its own identity anymore.
That said, I do agree that Enterprise was just Berman and Braga at their worst and I really hate the Coto season even though it's the season that fans seem to love. No one needed to know about Klingon head ridges except nerds like us, and even then, I didn't really care. lol