Austin would bury Punk on the microphone in about 12 seconds. Punk is great on the mic but he is no Austin.
I don't think that's the point if they had to feud. Austin will have some on Punk for 2 weeks and Punk will have some on Austin for 2 weeks. This how it should be booked, but it's not gonna happen anyway. I think they will just have one promo appearance.
After watching this I realized how great of a "Wrestling" actor Stone Cold Steve Austin is, and his character will simply never be matched. CM Punk is solid, but I hate to say it, he isn't on the same level as Austin is, even now.