Of course I will probably mark out for a few of the moments if this does indeed happen, but overall it is still bad for business. It shows how weak they are right now. And this is just another one of WWE's infamous short term bandaid fixes. You can trot out the geezers until WM season, then what do you do come next April when you still haven't established any new stars? And don't tell me bringing the legends back is going to aid in the creation of those new stars, because even if we have a few legends who are willing to pass the torch and take a loss to a younger guy, that still doesn't compensate for the lack of having charisma and a good persona. Such as the new rumor to have Punk end the streak. Obviously it would be a big deal, but overall I still don't see it turning Punk into anything more than he already is. We've all seen how he can beat people and still not prove anything anyway. Bring back some Attitude guys and give some wins to Ziggler, Bryan, etc etc, it still isn't going to "make" any superstars just by beating middle aged men who may or may not "still have it".
Plus it's not like WWE hasn't already gone to this well too often. They used old stars for Old School Raw, they trotted someone out each and every week leading up to Raw 1000, and now they're going to do it again. We'll have ANOTHER D-X reunion. Remind me to watch something else that night. Did business improve just because we saw DDP, Vader, Foley, Piper, and a few other guys over the last few months? No. Was business booming this year just because of Rock Cena at WM? No. It was successful while the Rock was there, and then it was over. And then we went straight to our next dose of bringing back an old star because Brock came back right after that. This is like a bad addiction. The high never lasts. The guys come back, spike ratings a little bit, but eventually they have to leave again, and we're back to episodes hardly worthy of the 2.5 ratings they get.
At this rate, this same stable of people will continue to get dragged down the aisle for the next 30 years, oxygen tanks and all, trying to revive ratings. It wasn't just the stars who made the attitude era, it was just the times in general that made it successful. Bringing back a bunch of guys into this PG environment just doesn't do anything. The product is bad. The writing is bad. Yes it may bump ratings when they do their tacky on-purpose Twitter leaks that a certain star is backstage before Raw. People will tune in. Ratings will get a little bump. It still doesn't solve the problem.
Asking whether or not this will "be cool" or whether it will "fix the problem" are two different questions. Yes it will be cool, but only to the people who have been alive long enough to know who these people are. Which goes to show that WWE seems to be suffering a huge identity crisis overall. PG is here to try to create new lifelong WWE fans. So they openly admit they currently aren't trying to create television programming for the older demographics. But now when your ratings suck, you want to bring back guys that only the 25 and older crowd will remember. But you're still not aiming your show at those people. So they'll tune in to see some old star return, and then realize they're watching a show for 9 year olds. WWE needs to choose between past and present, and between kids or older crowd. You can't do it all. If you claim to be marketing to the younger crowd, most of them don't care who is going to return. Do younger fans really make a big effort to go back and watch wrestling from years ago? I know I started watching during the Attitude years and I can't say I ever made a huge effort to go back and figure out what exactly Snuka and Piper and other guys did years ago, aside from the 15 second clips that showed the biggest moments of their career. I know Snuka jumped off a cage. I know Piper hit him with a coconut. I was not enough of a fan during their era to really care when they show up on Raw these days. So I can't imagine the targeted younger audience is really going to care about these returns.