I really have no problem with Hogan and Bischoff being in so many segments. They are both recognizable faces, and two of the biggest brains in professional wrestling. People recognize them and are drawn to view them, whether it be for good or not-so-good reasons.
The only problem I have with them being on TV so much is this: their roles are not too well-defined. What are they? Is Hogan the new Executive Shareholder? Is Bischoff? Who's the booker? Which one has more power? If they had clearly defined roles, perhaps their appearances would be easier to stomach for some fans. Make Hogan the new President (or something similar) and Bischoff the new Commissioner / head "Booker." Maybe that would help...
I think it's pretty clear that Hogan is the one in charge, given the way Foley has always tried to get an appointment with Hogan through Bischoff. And Bischoff keeps stalling.
Also, Hogan always seems to be the one in the chair in the office, while Bischoff stands off to the side of him.
Hogan is definitely in charge and Bischoff pretty much serves at his side as an adviser.
Although I will say that Bischoff is clearly the Heel, where as Hogan is clearly a Tweener, which is a smart move. It makes it more interesting.
The fact that their roles aren't as clearly defined as you may want them to be, however, makes it more interesting, in my view. It keeps giving the viewers questions and gives them a reason to tune in for the answers, instead of everything being as straight-forward like in the WWE, which gets boring.
I am like you in that I take no issue with Hogan and Bischoff being on TV as much as they are. As you said they are recognizable faces and they help tell a story.
Despite what people may argue, that wrestling programs should be more wrestling, I can't disagree with you more. And you see where that got you in the WWE and how stale it has become.
The goal of the weekly program should be to provide a compelling broadcast with more storyline and angles with SOME wrestling. The goal is to get you interested in the storylines, characters, and feuds so that you want to purchase the PPV's.
Fans have become too spoiled in expecting too much wrestling on the weekly shows for free, and I can GUARANTEE that these fans who keep arguing for "more wrestling, more wrestling, more wrestling" aren't paying a dime for the PPV's.
So my take is that these fans needs to be kicked to the curb and their opinions need to be thrown in the trash can. And the reason that pro wrestling companies should throw your opinions in the garbage is because you are the ones advising and advocating something that has made the wrestling business completely stale and boring ... and despite that, are absolutely useless to the profitability of the wrestling business.