IMHO, the main problem with the new style is that they are slowly trying to readjust fans to a new, slower, less spotty style. While this is fine for regular fans, it means that fans from a year or so ago will tune in for an occassional match that takes their interest and get bored by it.
For example, say a fan who liked WWF in 2000/2001 decides to watch WMXX round a friends house. I know that WWE 2004 < WWF 2001, but when he watches the macthes, they'll bore te hell out of him, with no spots or bloddy brawls to catch his interest.