Yes, in a sense, he does, though in order for him to become true World Champ material, things need to change for his character. For one, get rid of the Glamazon. She's not like Chyna where she can be marketed at a certain level, kinda like how Trips had Chyna for awhile and she became nearly as famous as he did. She's no Chyna; rid him of her and then, have something drastic happen to him inside the ring, so drastic he's left off of TV for a good half a year or so, perhaps a year, and once he returns, he can still be funny, but he can be a sorta kick-ass Heel funny like The Rock used to, insult people without having a corny look in his face, do it sorta seriously with a touch of hilarity, and please, let him wrestle to the best of his abilities, because if you're going to be billed as Angle's protege (he was), then something is good about you. They'd need to have him change damn near completely to have him taken seriously; no more fluke victories, no more lame jokes thrown in just for good measure, he can be funny, we don't want him turning into Koslov. Give him personality, and make him kick ass and push him at an adequate level.
We all know he has the charisma, some of us know he can wrestle well, all he needs is a gimmick change. Gimmick changes can save careers. You need look no further than the man Santino is often compared to; Rocky.