WWF Fan, you gotta realize though that there are no territories, so they talents that most of us generally accept and respect came up at the end of that era, or at least in the 90's where there were several strong Indie companies to hone your skills years before WWE was an option.
WWE uses NXT, Swagger and Sheamu's title run and Wade Barrett's Cena feud as a new concept. It's a way for the audience to become familiar with a superstar that has a lot of potential. Then WWE takes away the spotlight and makes them fight their way back to the top. If they can do it, then they have paid their dues and are ready to lead the company, if they can't they are let go.
Obviously Anderson and Kaval are two big examples of guys that didn't have what it takes to make it in WWE. The jury is still out on Swagger and Barrett but I think Sheamus has done the job well and is on his way back up.
So while this might piss a lot of fans off, at least it gets fans interested in a guy for his potential meteoric rise to the top.
WWE is forced into a corner when it comes to developing talent because there is nobody in the world that is capable of developing a big money draw other than WWE. I kinda wrote this topic because of some stuff you said WWF Fan, no offense or anything. I just want to you to like it more and open your eyes a little to the good stuff.
I forgot to mention R-Truth who is fucking hilarious and creative as hell. This guy should have you watching wrestling every Monday just to see what the hell he says next, he's brilliant.
I do see that you've made a point about not creating characters but I defy that theory with a short list of names. Miz, Alberto Del Rio, R-Truth, CM Punk, Randy Orton, Christian, Sin Cara, Rey Mysterio, and Alex Riley.
How do you not qualify those as brilliant bright characters that are easy for people to connect to? In the case of Swagger, they just gave him a rub like I said above and now it's up to him to get over now, without the big brother big push. Not everybody can be a main eventer at one time and they have to spread their career out for years so just take it easy with Swagger and Sheamus and you'll see their story develop over time when it is organic and natural, not forced. It's now up to them to make a character.
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