That 12 minutes was better than anything the WWE has produced on Raw, or, Smackdown in the last 15 years.
Austin is the greatest character of all time, and it almost doesn't feel like an act anymore. Punk was a bit intimidated, but did well trying to out do Austin. This shows you that Punk can still improve as Austin had hinted at this already in the interview. The mutual respect was nice, but a bit of a let down. I was ready to hear "heel" CM Punk, and think they wanted to stay away from that.