I read every entry and think that these two are the best. The first one is pretty much what I had in mind.
Ok, so first off let me say that I was not happy at all with Punk winning the MitB match again. I have nothing against Punk, but to me, MitB is the new King of the Ring, and there is no point to having someone repeat. If they didn't make it with their first one, give someone else a chance. I think they should have gone with MVP or Christian.
But back to the topic, here's how I would do it.
Cena goes over Edge at Backlash in their Last Man Standing match by getting up at the refs 9 count, and right after the match Punk runs down to the ring with the case and a ref. But instead of cashing in, he just stares at a beaten up Cena and tells him he could have had him. Later that night, after the 6 man tag match (in which HHH retains) Punk again comes down to the ring, and again doesn't cash in and just stares down HHH.
This goes on for a few months, where every so often, when the champ is hurt, you see Punk watching from the top of the ramp, or as their tag partner or guest commentator. After a while of this, he ends up doing an interview with Lawler. Lawler asks him why he hasn't cashed in with all the opportunities he's had and Punk says that the time just wasn't right and he wants everything to be perfect.
Fast forward to the Royal Rumble where Punk makes it to the last 3 or 4 guys and get eliminated, and appears to be injured on the outside of the ring. Bring out the paramedics and the stretcher. The next night on Raw it's announced that Punk is out indefinitely with a shoulder injury. Lawler and Cole speculate that Punk wasted his MitB chance by waiting too long. No other mention of him is made after that.
At WM26, you have Cena as champ against the Undertaker (Undertaker wins), and Edge (now a face) against Orton, with Orton going over as the new champ. As soon as he wins, Punk's music hits and everyone goes "wow, that's original". Only Punk doesn't come down, the WM26 MitB winner, Christian does. Christian beats down Orton, with help from his old friend Edge, but doesn't get a chance to cash in the briefcase before Legacy comes down to make the save. As Edge and Christian brawl with Legacy on the outside, Punks music hits again and he runs down, cashes in and wins the title from Orton, finally getting his revenge from the Orton punt that cost him his title a year and a half before.
How about this one... There a few twists and turns here so please bare with me.
Punk has the MITB and then goes on to win the Rumble next year. By this time Punk has already been feuding with Orton (champion by this time) for a couple of months, only Punk has become the heel. The legacy betraying Orton to join Punk's team and Punk playing the genius Raven-like heel he portrayed in ROH, only thsi time with a couple of minions to go with. For those unaware, Punk is probably the best promo guy in the WWE alongside HBK, Edge and Christian - a talent that Vince has yet to tap into. Punk turning heel doesn't effect Orton's status as he will remain a heel.
After a heel CM Punk wins the Rumble he spends the next couple of months feuding with Orton, while Orton is being challenged for his title at No Way Out by a babyface Jeff Hardy. No Way Out comes and goes with Orton retaining while Jeff Hardy keeps pledging to be added to the Wrestlemania match , even go so far as attacking Orton and threatening to ruin the Wrestlemania main event if he doesn't get added to the match.
Vince McMahon sick of the constant attacks and threats to ruin his night of nights offers this ultimatum to Jeff Hardy. The last go home Raw before Mania he has Orton mainevent Raw in a one on one non-title match with Jeff Hardy. If Hardy can pin the champion he will prove that he deserves a chance at the title and will thus be added to the Mania match. He loses. Right after, CM Punk comes out and cashes in to win the title - on the last Raw before Mania. The beatdown is brutal with Orton leaving in an ambulance and leaving the mainevent at Mania up in the air. Vince spends all of Smackdown that week looking for a solution and says that he can't figure it out.
Wrestlemania time. First match of the night is MITB. Jeff Hardy was added to the match during the SD broadcast and he wins. We still have no mainevent, with a heel Punk as champ and Orton still hospitalized. CM Punk heads to the ring at the end of the night to gloat about his own brilliance and about screwing over Vince and Orton and the WWE audience by not having an opponent at the grandaddy of them all. Then a beat-up Jeff Hardy cashes in his shot against a completely fresh Punk (turn of the tables). Jeff Hardy heads to the ring and gets his ass wooped by Punk before staging a late comeback after kicking out of about 10 pinfall attempts from Punk (to put Jeff over as a fighter and a survivor) and wins the title.
2 new superstars get MADE in a major way!!