Valid points but Im just think fans are getting pissed with the whole PG era. WWE still would have lots of viewers with all the kids and that.wwe would be on top, wcw was doomed as soon as the aol time warner merger happened, and ecw was also on it last legs. wcw would be where tna is now and i really don't know about ecw but i don't think they would still be open today.
Both wcw and ecw where not making any money at all, theres no way they could have survived if Vince didn't buy them.
There is only TNA that can fight the WWE. But a full up and running WCW and ECW with no financial difficulties would be making the WWE sweat.