Historically no. Currently yes.
Started watching when the belt was transitioning from Sheik to Hogan. I was upset when Hulk lost the belt, but at least Warrior and Macho Man were worthy champs. When the belt started flip flopping between Hitman and Yoko Zuna, I stopped watching for like 10 years. Neither were “my” champ and neither seemed worthy. I mean c’mon...Hulk would kill Hitman. Warrior would kill that undefined pipsqueak. That’s why he wore that full body 1 piece, the only way to pass off a champ that flabby.
Resumed watching for the Rock. I thought all the guys who had the belt during that era were worthy champs; Stone Cold, Taker, Show, Kurt Angle and Triple H. All believable champs to me. Quit watching again when Jericho got the belt. Not buying it.
I tried watching again a few years ago, but just couldn’t get behind Cena or CM Punk. These guys would never even have been considered during the Hogan or Rock eras.
Been watching now for the past 3 years and haven’t seen a good champ yet. I like Sheamus and the Miz...they are 2 of a handful of current palatable wrestlers, but I don’t like either of them as champ. I guess Randy Orton as champ is ok, but only because he is one of the very few main eventers they have. Can’t do Roman, Drew, Lashley, Brock, Daniel Bryan, Kofi etc. It’s either a big guy with zero personality or an undersized guy with a quarter personality.
If not for the women’s division, I’d probably bail for another 5-10 years.