The impression of being squashed by Batista or being the fall guy when a match needs it may be there, but no one except the most anal retentive cares about specific win/loss records, which is what Banky is getting at.
That out of the way, Christian is like RVD or Jericho. They're rubber. Job any of them out and they're still over, with credibility, and they can be seen as a threat. The image or presentation of the wrestler is the most important thing, not stats. Present them like they're a big deal, then if they're good enough, like Christian is, then they'll be seen as such.
I disagree with giving him the belt right off the bat, but look at what a month or two did for Rhino. He came in as a threat, got the WWE stink off him, and was seen as legit when he beat Jarrett unexpectedly. And Christian left of his own accord, so he's not even a reject like the others, really. If TNA puts effort into Christian, he'll be big.