I'm outraged by what has transpired. I loved the Honk-a-Meter, and figured WWE would ride it out till at least a month to go, maybe even surpassing Honky and breaking history, something that doesn't happen a whole lot anymore. But then something wonderful appears to be happening, Santino seems to be becoming a face. He gets a great reaction from the crowd and at this point it could be very easy to turn it to face cheers, much like Austin was able to do after the Invasion angle. Everyone loves him or at least loves to hate him, so I could see him turning face very easily, especially now that Regal is champion and I'm sure Santino will get some sort of rematch. the reason probably for the title drop is if Santino becomes face while champion, the meaning of the Honk-a-Mater changes. The Honk-a-Meter was a great idea to get heat; the crowd would laugh as Santino commonly pointed out how many (and there were many) weeks he had till he passed the mark and remained assured that he would pass it. And as he'd get close, you could only imagine the crowd booing him, demanding that someone take him off his high horse, especially if he continued to do as he was, winning matches with minimal offense. Now if he became face, the crowd would be cheering him on instead, which would've been fine if that's what they intended it to be, but its not, it was to draw heat and as a tool to draw cheers it wouldn't work as well. Now at the moment I don't know how Santino will fit in the RAW roster as a face, but I could only imagine he will move on to bigger things as one now.
Now on to the subject of the thread, Regal. I'm surprised that WWE has so graciously rewarded Regal, especially after his last suspension. I never minded Regal as champion before and I do enjoy his matches, so I hope it goes well. However, looking at RAW's skinny as all hell middle card, I don't know who he'll feud with much aside from Santino and maybe a token Noble match. Still, i'm hoping that maybe this is a short time thing, like Batista's reign was, and that Regal only holds it till Santino turns full face, wins it back, and now continues his reign not as a cocky arrogant heel, but a cocky arrogant cool face. If Regal somehow gets beyond a rematch with the great Santino, IDK. Maybe he could feud with Kofi after he's done feuding with Priceless. Or Evan Bourne when he returns from injury, aside from those guys, I'm not sure who Regal will have left.