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King of the Ring is a double edged sword if you go the inter-brand PPV route. Sure you'd have a better tournament, but at the same time you'd end up with one brand (*cough*Raw*cough*) looking superior to the other as their superstar beat a superstar from another brand. (Before you say the Royal Rumble, the Rumble doesn't hurt the losing brand so much because a Rumble is much more chaotic and doesn't make a victory hinge on one instance).
If you brought it back, I'd have to say bring it back for Smackdown, they need more credible workers more than Raw. Raw has a ton of main eventers, the KOTR would give someone credibility (something that a Smackdown worker could use).
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