Personally, there's too much talk and not enough wrestling nowdays. I think all companys should institute a 1min time limit on promos, 5 min on in ring talk segments, and on a 2hr show, have at least 1hr30min of wrestling(not counting entrances). On a 3hr show like Raw, then at least 2hr20min of wrestling.
You don't even need to know that much about it. When it's going on they spend at least 10-15 min of time over the course of a 2hr show detailing and explaining the concept, standings, method of scoring points, and the reason for the tourny being a shot at the belt. All you have to track is who's in the lead and who the 2nd place is. Other then that, they spoon feed it all to you repeatedly every show.
That's a nice thought, but on a two hour wrestling program you're really not gonna be able to have much more than 45 minutes of wrestling. Keep in mind that 2 hours of tv equates only about 85-90 minutes of tv once you take out the commercial breaks. Then the entrances for each match take about a couple minutes, plus you do need some promos/interviews to help build feuds.
I think RAW is way too long at three hours every week. I have no idea how I ever sat through a three hour Nitro in hindsight after sitting through three hour RAWs for the past year or so.