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The US title is not the same as WCW.
Anyways, I shall talk about credability:
WWE Championship
Very low right now since nobody cares about JBL. It was at a good level of credability up until Eddie started to feud with JBL.
World Heavyweight Championship
The title with the most credability. Believe it or not, HHH's long title reigns have actually helped the credability of the title as it is perceived as that much more difficult to win. The title also got a huge boost when Bentoit decided to go after it instead of his own brand's title after the Royal Rumble.
WWE Intercontinental
The credability of this title was very low at one point. Recently through the efforts of Randy Orton, Chris Jericho, and Christian it has come back into the spotlight.
WWE US Title
This title has less credability then the Intercontinental title but it actually has more then the WWE Title right now. I mean, everybody seems to want to go for IT and NOT the WWE title anyways.
The Rest
Basically ignored, with very little credability. Used for the ocassional feud and then forgotten again.
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