Interesting Idea you have NorCal.
Norcal never posted in this thread...
Anyways... the European title would serve no purpose in the WWE today. The fact that we have 2 world titles already shows how diluted and unimportant the belts are these days. We then have 3 mid card titles which get ****ed out when and wherever, 2 women titles and ironically, the only belts that should by default, have some prestige, the tag titles, are being wasted by nothing feuds. The european title was phased out because it became meaningless with the roster split. I think what's more important is for the WWE to bring more pride to their current titles:
WWE belt: Lets have a decent, long programme over this belt
WHC belt: Let Edge have a long reign and carry Smackdown. 9 world titles mean nothing if the majority of them were rushed
US title: Needs to have a good feud and to be defended
IC belt: WWE doing something good with having to exciting, former world champs feud over it
ECW belt: meh
Tag titles: The belts are unified, so lets have one tag team belt, The Colons carrying the world & WWE tag belts attached to eachother looks tacky
Divas title: meh
WWE Womens Title: Much like the tag titles, it would be cool if this was defended on all shows