The WWE Divas division is dreadful, but there's a lot of good women's wrestling out there. I think back in 2008 and 2009, the Knockouts division was the best thing TNA had going for them. It renewed my interest in women's wrestling and I've since become a huge fan. I've been watching Shine wrestling for a few years now and Japan has great women wrestling. I actually love Shine, but never get to talk about it with anyone because I don't know anyone who watches it other than me.
I doubt WWE is going to have good women's wrestling until Vince at least semi retires or something. I only say that because NXT has great women wrestling but as soon as they become main roster wrestlers, it becomes the same crap as it's been.
Personally I would love WWE to really focus on women's wrestling. There are plenty of excellent women wrestlers out there working for small paychecks. It wouldn't cost them much to put out a good division, which just lends the belief that they just don't want to and I find that sad.