Sounds to me like they want to start off at square-one with the workers where they'd be the strongest (AMW together as tag champs, Styles in X-Division).
With the WWE burying their cruiserweight division, focusing on the X-Division might be what TNA needs to stand-out as a product.
(Although once Styles gets over with the new audience, they'll probably move him back to the World Title level, I bet.)
Having Dusty talk about the NWA World Title was a good idea, although I wish they'd done something more original than have Truth get hit by a chair.
I'm curious to see how all this plays on TV.