This just sounds like fanboy excuses.
Fact of the matter is the show was build around their segments and the rating pattern wasn't typical for that time period. Also Austin & Pillman thought their segments were ratings gold the night of the show and were crushed to find out it ran off every demo except for one.
Are you just making shit up?
You're blaming Austin/Pillman for RAW ratings being down? Because the entire show had a low rating but don't forget that Austin/Bret and HBK/Sid had more the show built around them then Austin/Pillman.
Austin/Pillman was somewhat responsible for the AE, as "Pillman's Got A Gun" generated the most hype and discussion WWE had in 1996 and prompted WWE into booking more adult oriented storylines, which ultimately became the AE.
Also, WWE last had a victory in the Monday Night Wars in June 1996 and didn't win again until April 1998. You blame Austin/Pillman because of their angle, who's fault was it when WWE lost for the other 20 months?
But do your research, shows weren't built around Pillman/Austin in late 1996 because Pillman wasn't even active, that was secondary to Austin/Bret and you still had HBK/Sid. Pillman/Austin was nothing more then a tool to further hype Austin/Bret, seeing as that Austin attacked his former friend for supporting Bret.
EDIT: Since you know so much, prove that RAW was built around Austin/Pillman segments because I know of only 1 RAW in late 1996 that was heavily about Austin/Pillman. So, where's your source. My source is that anybody with a brain knows that WWE ratings were low because of NWO, not Austin/Pillman.