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WWE Championship
I see this title as the championship created in the early sixties when the Northeast territory(WWWF) broke off of the NWA. The last WWE Champion before the Unification in 2001 was Steve Austin. However, because Brock Lesnar refused to defend the Undisputed title on RAW, Eric Bischoff had a right to strip away the championship, because, at the time, champions were under the jurisdiction of both general managers. So essentially, the Undisputed title was divided into two parts because both parties had legitimate claims. I believe that because they were unified both titles now carry the lineage of both companies because they can all be traced back to a common point.
World Heavyweight Championship
To me this is the most prestigious title in the world. Lineage can be traced back to the early 1900's when Frank Gotch legitamately defeated George Hackenschmiddt in 2 consecutive falls. During the 30's and 40's other world titles were "created" but this World Championship became the centerpiece of a unifying confederation of territories known as the NWA. Two other major titles were spawned of this championship: the AWA championship and the WWE Championship.(On a side note, notice how the WWF(E) championship was always introduced as the World Wrestling Federation(Entertainment) Championship, not the WWF(E) World?) When the NWA fell apart, the World Heavyweight Championship was sold along with Crockett Promotions and, basically the NWA, to Ted Turner who created WCW. When WWE bought WCW, it gained the rights to this title. Saying the World Heavyweight title has no lineage or legitimacy is hypocritical because the WWE title was CREATED off the original NWA title after a controversial decision involving Buddy Rogers and Lou Thesz much like the World Heavyweight title was reactivated because of a similar controversy involving Brock Lesnar!!
WWE Intercontinental
This title went through something similar to the World Heavyweight, when it was "unified" with the WWE title. However like the WHC I percieve the current IC Title to be congruent to the original.
The rest of them are minor footnotes to me beause there have been dozens of different versions of each in the last 100 years. One could even argue that even the NWA US Title has no legitimacy because it was a ripoff of the original American Championship held by Frank gotch until 1905(when he won the World Title).
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