I think now is a great time to bring back the X-Division. They have spent the last few years trying to turn the TNA wrestlers into real characters, and they did succesfully. A few years back AJ styles was "prince AJ"... come on. Kazarian used to be just a generic wrestler with a yellow jacket, matt morgan was jim cornette's body guard etc. All these guys mean something now, look at abyss.. he freakin talks now. He used to fued with rellik, black reign and now he is a real legit character. Unfortunately this pissed off a lot of die-hard TNA fans, so they stopped watching. If they bring back the X-division, not only do you have new fans who want to see anderson, the hardy's etc. but you also get those old TNA fans back.
Also, having x-division guys on a ppv automatically makes the matches better, because if they have those amazing matches in the beginning, then they will out-shine the main event, so it forces those guys to step up.