Nope. More people watch Smackdown, by far. Remember, Raw is only available on cable, while Smackdown is broadcasted on free tv.
Smackdown really took it up the ass in the draft, didn't it? Raw will probably get better cuz they lost a lot of dead weight while gaining some valuable talent. ECW will stay the same, partly because except for Benoit they didn't get anyone good, and because it's ECW and it's been a godawful show since day one.
Even with that transition ranking I think Raw generally has a bigger audience........let's face it Friday night is not a good timeslot for the audience they draw.
Also ECW has not been bad for quite awhile........of course you are likely one of those guys that doesn't watch it and has yet to realize that Elijah Burke is a breakout star on the rise....
All they did with these moves was line up Cena and Triple H's opponents for the rest of the year....Raw booking gotta love it......"everyone is jobbing to Cena and H" then they wonder why they can't make any stars and need to take them from the other shows.