If this match had fell into an international stadium, I'd probably be arguing for Dr Death here. The guy went 4-3 against Muta, 5-0 against Jun Akiyama, 6-2 Vs Taue, 8-3 vs f Kenta Kobashi and only came out 4-5 vs Misawa. That's an incredible record for a guy I personally consider more adept at tag team wrestling. He went out to Japan, where Americans tend to do poorly on their visits, stayed and ABSOLUTELY dominated.
His form vs American's is a lot worse though, so it's really hard to picture which Dr Death we would see here. For what its worth;
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I find myself weighing up Dr Death's unshown potential in the US. He was primed for title shots a few times, instead shifting himself to Japan and forming a HUGE legacy out there.
Onto Hardy - I actually think his kayfabe prime is slightly weaker than a lot make out. Cleanly going over HHH in a #1 contender match is pretty spectacular, but then he was cleanly beaten by Randy at the Rumble. A strong showing in the Elimination Chamber sure, but then nothing else until winning the WWE title late in 2011 in a triple threat for a one month reign. When I'm looking at the records wrestlers have, a big thing I discredit is wins in multi-man matches one-fall finish matches. If Hardy had seperately beaten Edge and HHH there it'd give it much more strength. As it is, he got screwed out of the title after just a month at the following PPV, before having a couple of brief world heavyweight title reigns in a feud he came out a loser of against a progressive CM Punk, not at the same superstar level we see now.
So I see a huge push, massive popularity without ever dominating at a high level. Which makes this VERY hard to call. I think Jeff would give more to the tournament going forward from a booking point of view due to his huge popularity - Japanese fans may have an interest in supporting Steve Williams going forward, but they have plenty of their own country men to cheer instead. And against that, I kinda think Steve Williams has a kayfabe edge vs Jeff all things considered.
Yeah, I really don't care who progresses here but if I were to picture this tournament happening, I see Jeff advancing, battered and bruised and put over by the huge beaten he was able to absorb and get through at the hands of Dr Death. There is no WAY I'm putting him over Randy in the next round without huge supporting evidence thoug.