Not that the WWE Tag belts mean that much these days, but having DX kill the (champion) Spirit Squad over and over again, sometimes in 2-on-5 situations, certainly put the belts in the gutter.
Throw a question out there - Has Jeff Hardy's recent push helped or hindered the IC belt? He hasn't defended it on PPV for several months, and if he continues to hold it he probably won't at NWO (Elimination Chamber) or WM (Money in the bank likely) this year. Now, his profile has been raised no end, but it's not from thrilling title defenses, and even arguably his high points (pinning HHH, cage match against Umaga) were non-title from memory. While Jeff has looked great, the belt is viewed as a bit of an afterthought, and while it shouldn't be veiwed as equal to the World belt, having the holder only care about the World belt hurts it quite a bit IMO.