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Much of AWA's problem was that their guys didn't just look old as hell, they WERE old as hell. That and some of their rules were Draconic as hell, like the off the top rope DQ and not hitting the guy's "Second." Both things were actually found to give the fans something to cheer about (for future reference, in MSG Snuka was a heel except when he climbed the ropes, and any match featuring Hulk Hogan where his opponent was managed by Bobby Heenan.) Take that away from the crowd and it's not a good thing. Especially in this time, when the fans can turn on the television and see WWF.
As far as the Old guys on top too long meme, you'd think this would be something that Eric Bischoff would have figured out, as he was working for Verne and saw the AWA fold first hand (though the Team Challenge thing WAS his idea...). You'd think he'd learn from the mistakes.
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