I guess its all perception. If you think MMA is just a bunch of jackasses slugging it out, then fine, don't watch it. Its so much more than that. I've been doing martial arts for years, principly Kenpo Karate and Jujitsu and I've done straight up Art competitions as well as MMA. And for a person like me, there's so much strategy that goes into it, and physics and so many other defining factors.
In training I think about the physics behind every movement of my body, and its effect on my balance as well as what further movement it provides opening during each movement. I'll spend hours designing a simple three-step routine with only one or two strikes involved, perfecting it. Strategically I spend as much time as possible training with fighters who use the same art as my oppoents, weight roughly the same, and move in similar ways. And train outside of that with my primary training partner, who uses Freestyle Mantis form Kung Fu.
The point of that rant being, strategy weighs heavily into mixed martial arts, so does the very foundations of physics. Sure when a couple shitty fighters go at it, its boring and frustrating to watch. But when you see skilled mixed martial artists engaging in battle, its almost beautiful.
And spiritually speaking, if you don't believe in the martial art and give yourself fully over to it, you won't experience any spiritual trascendance. But I have a hard time believing fighters who's trained in an art for most of their lives aren't spiritually balanced.