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yea, it is pretty lazy. They just pick 7 guys and throw them into one match. Pretty straight foward and simple. KOTR was planned out a month or two in advance with what qualifying matches they wanted, where they needed to put each match, how to book each finish etc.... Back in the 90's, it was even longer then the most recent one.
Also, with MITB, there are 5 or 6 losers in the match. The winner may get a great push, but the losers don't really get anything out of it. In a singles match, sometimes the loser gets just as much or even more respect sometimes, then the winner
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