If nobody believes in kayfabe, then hell, let's tear it all down! Do away with general managers, stop pretending the Undertaker is undead or whatever, stop making the talent act in any way contrary to who they are in real life... in fact, why even have a wrestling show? Just have the show be a two hour clip of the bookers meeting, where they discuss storylines, who wins where and how, and who gets the championships.
Yes, everybody knows that wrestling is fake, but that doesn't mean a show that breaks kayfabe constantly is enjoyable to watch. History has proven that time and time again. We watch FOR the kayfabe. We want to be entertained by this kayfabe world, even if we as internet fans are able to read between the lines. Calling the talent "entertainers" on screen flat out breaks kayfabe, and robs us of that show. If you advocate WWE breaking kayfabe on screen constantly, that's your business. But in kayfabe, the talent are WRESTLERS. They go to the ring to WRESTLE, not "entertain."