They are from the summer of '92, but they are being replayed as part of the buildup to Hart-Razor at the 93 Rumble. As the clip ends you hear Sean Mooney intro a montage of Razor scoring wins in the WWE.
It's amazing to see SmackDown! lose its US Champion, its top tag team, and one of its top singles competitors all in one week...with no sign of getting anyone in return.
Regal is doing his impression of Terry Funk's retirement speech.
Also, Booker T got a stripped-down version of the pyro/confetti that Kurt Angle got for winning the World title in January.
Hey, this closing montage music was used on WWE's WrestleMania X-Seven DVD (in the WM Anthology set). This was what replaced "My Way" as the PPV theme song.