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I don't think the whole Matt/Lita breakup was a work. But this... I think is. From what I recall, Matt and Lita were actually on good terms after the break-up. It was Edge that Matt couldn't stand.
So, since Matt is headed to TNA sometime soon, and with TNA's history of doing angles based on real life incidents, I think Matt is doing this to build up his TNA character.
Also, I haven't seen the promo, but I sounds linke something Adam Sandler's SNL character would do on that break-up show of his.
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