[Jeritron]

Well when you have three champions this stuff increases threefold. That's common sense, but it still shouldn't work as ridiculously as it does.

I won't lie, I'm a CM Punk fan and was moderately happy to see him win the title. But he didn't stay there, and they didn't need him there. He would have been better off not having won it, because now when he wins the IC title it's a demotion. Why bother?

If they're going to put the title on a guy, he should be someone they plan on elevating to title status.
The problem is guys like JBL, Khali and others who they put the title on, but have no longterm or serious plans of keeping in the main event.

Titles are dealt out more generously, and indicate being in the main event for the time-being rather than being bumped up to that level indefinitely.

Putting the title on a guy like Jeff Hardy for the first time makes sense (from a creative standpoint). He's been in the company a long time and has climbed his way to it in kayfabe, the fans are calling for it and he's consistently popular enough to be utilized in the main event for the forseeable future.
Same goes for Edge, or Randy Orton, but it's just pointless to make other guys champions prematurely or temporarily because of the injury bug.

As a fan, I refuse to complain about guys I lobby for becoming champion because that makes me a hypocrite (eg CM Punk), but the truth about the topic is, if they're going to make a guy a champion it should mean something at the time, rather than being a fluke until two years later. Putting the title on CM Punk is now pointless, because he won't be elevated back to that status for a long time, if at all. He's going to do the things now that he should have been doing before winning the title anyways.
Orton's an example of this. His title win and reign last year would have meant way more if he never won the title for a month in 04.