It's close. In 2009, the guest host shit was interminable. It was some of the most dreadful television I've ever seen.
You had the watered-down DX reunion, Legacy where two young talents were Orton's personal bitches, Santina Marella, Cena vs Orton time and time and time again... You had JBL and Triple H burying so many young talents and they were even putting assclowns like Jerry Lawler and Hornswoggle in legit feuds against legit talent. I believe that a good chunk of the roster from that year is gone... wonder why.
Maybe the current product has pissed me off to the point where my memories are skewed, but the current product is even worse. Raw in 2009 was dumb as hell and intolerable, but things happened. Dumb things, but things nonetheless. Nowadays, the show normally feels like 2 hours of your life you won't get back.
Would you rather see Brian Kendrick job to Jerry Lawler in a match set up by ZZ Top as a way to punish Kendrick, or see that pointless Alberto Del Rio vs Santino match?