The thing you have to ask yourself concerning a match of this magnitiude is this: Did the match itself live up to the hype surrounding it? Hell yes it did. Cena and Punk put on a classic match in the neighborhood of 40 minutes. It's one of those matches that reading about it doesn't even begin to describe how good the match truly was. It's one of the few matches in recent history that one needs to go out of their way to see. A couple of mild botches doesn't truly matter in naming it a five star match. The few there were, they covered for well, either by following up quickly, or by the announcers. The psychology, story-telling, and the quality of wrestling was off the charts good. The counters and reversals in this match were outstanding. The run-in at the end of the match by Vince and Laurintis made for great storytelling, enhancing the match even more rather then detracting from it. Complete this with the fact that you had two men ripping each other to pieces over the ultimate prize-- the WWE Title--not just trying to have a great match--and how can this match upon viewing not be seen as a 5 star classic. Understand, there were blown spots in the Taker-HBK HIAC match in 97', but because of the epic story they told, mixed with incredible athleticism and an ending that made sense---it was also worthy of being a five star match.
Are there matches in between Bad Blood and this that deserve a five star rating? Absolutely. Undertaker/HBK at Wrestlemania 25 springs to mind. So does Kurt Angle vs HBK at Wrestlemania 21. Rey Mysterio and Edge vs. Kurt Angle and Chris Benoit at No Mercy 2002 belongs there as well. If you haven't seen the tag match, it's one Id suggest you go out of your way to find. And finally, HBK vs HHH in a street fight, HBK's first match in 5 years at Summerslam 2002, was absolutely a 5 star classic.
The thing about Punk and Cena is this. They brought everything they had for forty minutes. Was it the greatest display of athleticism you'll ever see? Of course not. But what exactly wasn't memorable about it? As much as Cena lives up to the "Never Give Up" gimmick, Punk personified that mindset at MITB. He kicked out of two AA's, got to the ropes twice on STF's, and reversed the STF into the Anaconda Vice. How about when Cena went for a powerslam, Punk slipped out, but Cena quickly followed with a shoulderbreaker-grip into a bodyslam? Or Punk kicking Cena in the face when Cena went for the five-knuckle, then following up immediately with a suicide dive on Cena immediately after? Or Cena's humungous leg drop off the top rope? How about Cena backdropping Punk, where Punk immediately rolled Cena up for an amazing near fall? Not to mention Cena's attempted top rope AA, which Punk reversed into a hurricanrana, or the finish where Vince came to the ring and called for Lauranitis to ring the bell, but Cena punched Johnny Ace before he could. Im sorry, but if you saw this match and don't remember these moments, I question how much you were truly paying attention.
Storytelling and psychology were at the forefront of the Punk/Cena match, which was its biggest triumph. If you read his blog, Jim Ross described the match as being “old school”, in the most endearing sense of the term. And he was right. Every single move in this match mattered. Typical rest holds were met with enthusiastic cheers or boos, with each offensive maneuver was treated as a palpable reality as the move that could end the match. The match-ending run-in bypassed the usual convoluted, typically overbooked finish. Instead, it played perfectly to the narrative at hand. Cena was reinforced even more as the honorable face that wouldn't take the cheap win, and Punk's grabbing the title and escaping through the crowd left a moment that people(and certainly myself) will remember for years, and wondering in the here and now where the story will go next. Honestly, what more could you ask for in a wrestling match? If this wasn't isn't a five star match, I won't hold my breath that we'll ever see another one. It's matches like this that I would show someone who mocks me for being a wrestling fan, and demonstrate exactly why Im proud to be a wrestling fan.