Alright, well I'll tell you what I think of this right now.
This is going to get stale quick, and it will be a loss of money in both production of the show, and less buy rates for old pay per views. Why the hell would you televise your matches, also, this is like UFC Unleashed XBA, but isn't that, and this just like uh wait let me think? WWE 24/7? I mean come on, if you wan't to give WWE a run for their money, and not a chuckle, you make fans pay for it. Purchase sattelite, and buy the program. Its running swell from what I've heard with the WWE. But yes, this may give their fan base a sugar rush of some sorts, but will quickly die down. How many 'entertaining' matches in TNA are their. I can probably only name around 20-35. Thats about half a year I do believe.
Bad move TNA.
I actually agree with you there. It would be more profitable, and more beneficial in the long run if they make you pay for the matches. WWE 24/7 doesn't look like it's in any trouble, and that's basically the premise of what TNA has for this show.
But how is it going to bring new fans in? What they're seeing is the past. If they tune in to watch an episode of Impact, what they saw in a match 3-4 years ago would be radically different from what they have currently.