You do know that NWO was one of the main reasons WCW sucked in the late '90's. Factions are old and annoying. Let them quietly go away.
Sorry Hamler, you're my boy and all but that last comment was ridiculous. nWo was the biggest part of WCW's popularity. In the 90s, every kid who watched wrestling had either a Rock Shirt, an Austin shirt, a Goldberg shirt, or an nWo t-shirt (of any color). NWO was amazing, and it was a great way for them to put over other talent. It also favored Japanese Wrestling where everyone in some way or another is part of a faction.
I honestly find factions to be a great go to plan to build more stars. Let's face it, without factions, Ric Flair wouldn't be a 16 time World Champion. Without factions, HHH wouldn't have had a job after that nonsensical Blue Chipper gimmick. Without factions Randy Orton and Batista would've been jack shit. Without Nexus or the Corre, Wade Barrett would be in FCW still.
Hell, without factions, wrestling would be boring. They're a nice way to spark multiple interests through one original plot line. There's nothing wrong with that, the more numbers you have on a team, the better your chances of making more stars. Nexus has produced Barrett, Gabriel (rising), Slater (rising), and Otunga. NWO allowed Hogan to extend his career. DX kept HHH and HBK with a job. Evolution, launched the career of Batista & Orton. Hell, the Alliance made Booker T & RVD big name draws for the WWE market.
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Back to the main topic. Do I see a faction forming? You bet your ass I do. Do I see CM Punk and JL becoming that faction? You bet your ass I do. Why do I believe this?
Because as much as I hate the idea of WWE pleasing The Rock, everything about the CM Punk/John Laurinaitis angle just screams "The Corporate's Champ" storyline. Just like the Rock with McMahon, CM Punk is going into his World title match without any possibility of coming out with the win for his title. Just like McMahon with the Rock, it's been written in the sand that the higher authority plans to screw CM Punk out of a title.
The only difference is that CM Punk isn't gunning for his first WWE title, but overall the looks are there.
As for the Kane bit? I really don't think Kane is supposed to be a heel in this situation. I think Kane is doing just getting Cena to do what Roddy Piper wanted him to do. I think Kane is actually trying to help Cena get into another zone so that he could be on the same level as The Rock. Say what you want, but it makes sense in the end.