I don't think the booking has been horrible. They have been having squash matches, but those matches have had a purpose, unlike WWE's squash matches. They were meant to shocase TNA's main talent, or more specificaly, the talent performing at Bound for Glory. It's a pretty good strategy. And the more even match ups have been very entertaining, with the exception of Hardy v.s. Rhyno.
As for the whole Daniels Gauntlet, I didn't see anything wrong with it. Daniel's heel persona is a very arrogant one, who see's himself as better than everyone else. It made perfect sense that he would brag about such a feat.
I think the special has a lot of potential. They should focus more on actual wrestling though, and get as many matches on TV as possible.
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