Sadly, I have to say "No." Without question, Chris Jericho has accomplished everything there truly is to accomplish in the pro wrestling industry. However, he still hasn't achieved the legendary status of a Shawn Michael, Undertaker -- or, in my opinion, even The Rock and Stone Cold Steve Austin, the people he defeated in that "Undisputed World Heavyweight Championship" match.
As much as I like Chris Jericho -- and he's one of my favorites -- he has never been given a prolonged period of dominance in his career to establish the kind of "legend" you're talking about. While he was Undisputed champion, he was often booked to look weak and like a fluke. Even his later World Heavyweight Title run was lackluster, for the most part.
For the WWE to get him over that hump, they'd have to give him another fairly-lengthy run at top and allow him to face a strong set of challengers and win convincingly. I just don't see that happening. Most recently in the WWE, Jericho has been booked strong for a couple of weeks, then does the job to put someone else over, booked strong, then jobs.
Actually, that's been the pattern the most of his career. Jericho has never been portrayed as someone that's unlikely to be beaten. Rather he is seen as someone who "might pull out the big win." Unfortunately, that's not the stuff legends are made of.
I almost totally agree with you all the way here.
Jericho, no matter what he has accomplished, is by no means whatsoever a legend. Very true. The problem is words like 'legend' have become so waterdown as are the Hall of Fames of MLB, NFL, NBA, and NHL, and wrestling's HOFs are jokes (with the exception of maybe the NWA's).
But when I think of 'legends' THESE names are names of real legends:
STING - 14-time World Heavyweight Champion; star of the WCW vs. NWO fued (see Monday Nitro mid-1996 thru early 1998); won PWI Most Popular Wrestler of the Year more times than anyone (including Hogan); United States Heavyweight Champion (only man to defend it in Japan); World Tag-Team Champion; World Television Champion; Crockett Cup winner; won 1989 Starrcade Iron Man tournament; won WCW vs. IWGP World Cup tournament; held TNA, WCW, WWA, WCW International, and NWA World Heavyweight Titles (won NWA World Title both under TNA and JCP - Jim Crockett Promotions)
RIC FLAIR - 25-time World Heavyweight Champion; 5-time U.S. Heavyweight Champion; World Tag-Team Champion; made stars out of Sting, Magnum T.A., Nikita Koloff, Lex Luger, Ricky Morton, Hawk, Kerry Von Erich, Ricky Steamboat, Terry Funk, Dusty Rhodes, Ronnie Garvin, Barry Windham, and everyone else he ever fought; leader of the legendary 4-Horsemen
LOU THEZ - the last Universally recognized Undisputed World Heavyweight Champion (in other words, recognized in every country on the planet); 7yr reign as WORLD Champ; 936-straight matches without a loss (take THAT Goldberg); a legit shoot-fighter
HARLY RACE - 8-time World Heavyweight Champion; made Ric Flair a star; slammed Andre long before Hogan did; one of the last legit shooters
GEORGE HACKENSCHMIDT - 1st ever World Heavyweight Champion in wrestling (1905); supposedly undefeated for over 5,000 matches (back when wrestling was still a real sport)
BRUNNO SAMMARTINO
BUDDY ROGERS - only person to win the AWA, WWWF (1st WWWF Champ), and NWA World Heavyweight Titles; 2nd (after Thez) to hold both the AWA (first AWA World Champ) and NWA World Heavweight Titles at the same time
GENE KINISKI
PAT O'CONNER
VERNE GAGNE
DORY FUNK JR.
DANNO MAHONY - first man to become Undisputed World Heavyweight Champion (before Thez) after all the splits of the World Title in the 20's & 30's
JIM LONDOS
TOM JENKINS
FRANK GOTCH - first (American)/United States Heavyweight Champion to dethrone and/or win the World Heavyweight Title (beating Hackenschmidt) at the same time (before Lex Luger, Bill Goldberg, and Booker T later accomplished the same feat)
ANDRE THE GIANT - kayfabe undeafeted for 15 years
RICKY STEAMBOAT
TATSAMI FUJINAMI - reigning IWGP World Heavyweight Champion dethroned NWA and WCW (unified) World Heavweight Champion to win the NWA World Heavyweight Title (Flair kept the WCW World Title)
THE GREAT MUTA - 2nd man to hold both the IWGP and NWA World Heavyweight Titles at the same time
RIKIDOZAN
ANTONIO INOKI
MASAHIRO CHONO - defeated Lou Thez in final match of Thez's career; protege of Thez
MIL MASCARAS
CARLOS COLON
MR. WRESTLING 1
JACK BRISCO
GIANT BABA
BOBO BRAZIL
GUS SONNENBERG
STAN HANSON
BIG VAN VADER - Recognized World Heavyweight Champion holding 10 different titles on 4 continents; held 3 promotions' World Titles simultaneously
STEINER BROTHERS - Only team to hold the NWA, WCW, WWF, and IWGP World Tag-Team Titles; 2nd team to simultaneously hold the World Tag-Team Title AND United States Tag-Team Title; won Pat O'Conner memorial tag-team tournament (beat teams from 7 other countries); only team to hold 5 tag-team titles at the same time
ROAD WARRIORS - only team to win the AWA, WWF, and NWA World Tag-Team Titles; won Starrcade 1989 Iron Team Tournament
MIDNIGHT EXPRESS - 1st team to simultaneously hold the United States Tag-Team Title AND World Tag-Team Title
Now THESE are true legends! Sorry, but Jericho (neither Steve Austin, The Rock, HHH, etc) doesn't qualify as a legend.