Outside of a 2 hour reign last October, he hasn't held a world title since 2005. In reality, that's a long time for someone who is among the top guys in the company.
This is true, but when it comes to either Hardy or HHH getting the title, Hardy definitely deserves his run. Strike while the iron is hot they say.
Of course, to quote Sean 'O Haire, I'm not telling you anything that you don't already know.