The problem that I see though is having too many people running around. WIth so many people you need to find something for them to do, which definitely won't be easy. I'd expect a good deal of cuts if the rosters are merged again.
See, this is why i don't agree with the whole title unification thing anyway. Title's are props to help the talent get over. So if there's fuck all titles, fuck all talent will get over, right?
Regarding wrestler legacys and title wins, forget the prestige of the titles. It's a fake sport. There's no glory in the 'wins', there's no humiliation in the 'losses', there is simply the direction the stories take and that is all. There is your ability to draw and that's it. That's how you get recognised for your greatness in the long term.
When they induct guys into the HOF, do they ever talk about all the title reigns or do they maybe mention the most significant one and the rest is all about their input into the landscape of modern wrestling?
Now, regarding the use of titles, about 1/3 of either roster right now actually have proper storylines to participate in. The rest are just floating around waiting to be told they've actually got a match on TV that week rather than just House Show matches. A lot of guys have nothing to do but turn up and get squashed or make a pointless run in. What was the point in Mark Henry running down and saving Evan Bourne on Monday? Is Henry going to fued with Del Rio? No, of course not. Out of 3 guys right there, only one of them is actually doing something important, and that's only because he just debuted 2 weeks ago.
Without belts, most of these 'characters' will have no stories to tell, and will find themselves on the unemployment line pretty quick. And it won't be their fault, it'll be because Vince will give us no reason to give a shit about them, because they won't get titles, or mic time or matches that last more than 5 minutes EVER, yet they'll be kept on the roster for a few months, we'll predict them being fired months in advance, some people will hope for them to get a shot at the big time, but ultimately, they won't.
They'll have to cut most the roster, because paying the guys you never intend to make champions out of is a waste of money.
And one more thing..... They did this back in '03 did they not? Where literally the only belts were the World belt, the tag belts and the Women's belt? And it didn't even last a full year before they started bringing the IC and US belts back? And then they started duplicating all the others as well? So i have to ask, why are they trying it again when they never really gave it a shot last time?
Oh, and Edge will be remembered for being dedicated to the WWE for his entire life. If you don't think his HOF induction won't start with a photo of him in the crowd at WM6, then dream on. If you don't think they'll mention that his school voted him 'Most likely to be WWF Champion' then wake up. If you don't think they won't mention the ridiculous number of matches he helped innovate then what exactly do you think qualifies wrestlers for the HOF anyway?