Agreed. But Hogan, Austin, Rock, and John Cena were all top draws in each of their eras. Which is what Vince is trying to do with Reigns, everything he can to get him over as his top draw because that's his guy.
As far as having a deep roster, WWE is in the best shape it's ever been from a talent standpoint but over scripting and inconsistent booking is hurting it terribly.
Those eras had a top guy.
But that top guy was never pushed to the detriment of the rest of the roster. Hell, we hadn't seen Warrior/Hogan until Warrior shot into the main event. Hogan just didn't slide down to randomly beat everyone to "look strong". People came up and obviously lost. That wouldn't fly today, but it still didn't destroy the roster.
As for the AE... it's hard to say "THE top guy". You had Austin, but then you had the Rock. And then you had HHH in 2000. They were all made to be threats, even foley and Taker at the time. So when they faced each other, there was a great deal of heat. People believed anyone could really win.
Let's be honest. For 10 years, how many times did someone really believe Cena was losing? Hell, that was the whole point of the Punk/Cena match. No one thought it was going to happen but it did. It's the same thing with Reigns. He is in a match, you either assume he will win or that he will lose by interference then kick everyone's ass anyway. The only "weak" point in his journey was Brock/Rollins when the WWE realised he wasn't capable of being "the guy" in any sense of the word.
To be fair to Roman... no one is anymore. People aren't tuning in for the "top guy". They are tuning in for an amazing show. Why do you think NXT and LU get praise, while WWE gets slammed? Sometimes, their main events are merely okay. But the rest of their shows step up and provide so everyone comes away with a "okay, that might have sucked or just wasn't good, but the rest of it was fucking awesome!". That was what the AE and Rock and Wreslting and NWO Nitro did. THere really was something on each show that made people genuinely happy and eager to tune in the next week.
Fuck. I'd give every mark here the Roman Reigns reign as "the guy" if that meant I got a midcard and tag division filled with important matches featuring jordan/gable, enzo/cass, the mechanics, new day, luche dragons, CODY RHODES, Balor, Owens, Ambrose, Neville, Breeze, Sasha, Becky, CHarlotte (non daddy worshipper), Paige, Emma............... seriously, the main event means fuck all to me when you get right down to it. Most of the best shit in history came from a roster stacked top to bottom trying to OUTSHINE the main event. Give me that and I'd stop bitching in a heart beat.