Jeff Hardy should be given the WWE Championship straight away, for months and months I have been saying this: "Give the guy the a major Championship" he made his in-ring debut somewhere during 94' and till now the guy wrestles, he had amazing TLC Matches with his Tag team and had other good matches as a single as well. He got the short run in the Main Events (vs. Undertaker - Ladder Matches) but that didn't last too long. He has great mic skills and everyone knows that, after the whole HHH/Hardy storyline last month.
So, when you have a guy who has been in the business longer than most of the people and a young, talented guy then why don't you push him? Same is with Matt Hardy.
I think they should be given the Big Championships or should be joined as a Tag Team. It's no use just putting Jeff Hardy in an IC Title match at a PPV once a month, have him wrestle for the WWE Championship and have him win the WWE Championship!