My main issues are that it's too watered down.
Dunno if you know any of this, but WWF/E was PG rated up until 1999, Smackdown has always been a PG rated show, and all PPV's were all PG rated until the 'Miss Kitty' incident at Armegeddon 1999, when PPV distributors demanded it change to a TV-MA.
So theres no real need for the 'kiddiefying' of the product.