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I don't know how to really think about this so far...
On a positive side, it's wrestling outside of WWE and I guess TNA. Also it's on MTV, which can really reach out to that 18-34 audience that can bring back wrestling to mainstream.
However, this is a wrestling promotion being started by a corporation, and as we've seen with WCW and Turner Entertainment, that's not always a good thing. On top of that, the biggest names connected with this event is X-Pac and New Jack...who aren't really associated with "great wrestling" and "entertaining".
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