Raven or Sabu would be awesome champs right now. However, I think their current feud will draw enough on its own that they don't need to get the title involved.
The Alpha Male is great on the mic, I was in stitches the other night when he was talking about the King of the Mountain participants. However, I just am not entertained by him in the ring. I was very disappointed that he hypes up his POOOOUNCE so much, but it turned out to be such a crappy move.
Jerry Lynn is kinda floating around with nowhere to go right now. I think he is more deserving of the number one contenders match next week. He and Jeff Hardy could probably put on a decent match with Lynn coming out on top. Then he'd go on to face Jarrett and lose, but keep Jarrett busy enough for the Raven/Sabu feud to end. Then Raven can take his spot as champ