before even making this comment I'm guessing many are going to disagree with me.
it's the X division championship that is holding back the TV championship.
firstly I think the name "television" championship is not a good name, so that hurts it too. it should have a better name.
but it's the X division championship that many seem to think is more meaningful than it currently really is, and I think that's because of the history of TNA and what the X division championship has meant to TNA in the past. but that's in the past and TNA needs to move forward. the "X division" right now is a cruiser weight division, and most of the wrestlers in this division are nobodies. even when Austin Aries was champion for a lengthy time period, he didn't really have much/any real competition. at least now it has a name value with RVD as the champion. RVD could lose the X division championship and still be a contender in the mid card or even heavyweight level.
TNA has long time fans of the history, so it seems TNA is trying to make the X division relevant, but really it's not. they created this stipulation (or whatever you call it) where the X division champion can cash that in for a world heavyweight championship match at Destination X, the way Austin Aries did this last year. but now with TNA cutting down on PPV, there is no more Destination X. so what happens to that stipulation? they might as well forget about it.
because of the history of TNA and the X division, I think it would be difficult for them to just scrap this championship. even if I think that would be the better move.
either that or make the X division championship the mid card title, and use it without any weight limit for actual mid card wrestlers, rather than little cruiser weight nobodies. guys like Samoa Joe, AJ Styles, RVD, Christopher Daniels, Devon, Kazarian, or whoever else you want to be using in the mid card at the time, Anderson? Aries? Morgan? Angle?
I think you could still use the smaller type wrestlers like Zema Ion, Jesse Sorenson, Kid Kash, Kenny King, ect.. in tag team action, where they are teaming with someone bigger. similar to right now with Chavo/Hernandez and Matt Morgan/Joey Ryan. you could end up having one true mid card championship, plus build back up the tag team division.
that's my opinion.