The No Blood policy really doesn't bother me all that much anymore. For a long time, a lot of wrestling insiders, fans and even members of the mainstream media were up the WWE's collective ass because it did so little to look out for the health of the wrestlers working for the company. All that scrutiny and criticism only increased after what happened with Chris Benoit and his family. It's a shame that something like that had to happen in order to get the WWE to open its eyes and become more proactive towards watching out for its wrestlers, but at least some good has come out of it.
I will admit that there are some matches in which blood does add a little extra spice, but it's not something that I have to have. You can still have drama, interesting characters and great matches without blood. There are too many fans that are simply unrealistic and actually do want it all, but it's not going to happen. The WWE banned chair shots to the head and it's great because all you have to have is a little common sense to know that such things can be dangerous. You have some fans that don't particularly care about the health of the wrestlers, they just wanna see the bloodiest spectacle they can see. They want to see a cock fight in which people are used in place of chickens. In my view, those people aren't real fans. They just want to see some kind of a freak show.
There are still dangerous high spots pulled off in the WWE, people are still put through tables, people still have steel chairs, lead pips, sledgehammers, etc. all taken to them in matches sometimes.