To be honest, It's probably a load of bullshit that he won't defend on American soil. But an interesting note to ponder is that he can refuse to wrestle, thus losing via countout or disqualification, but he retains. The rest of world elite can be used to get him disqualified straight after the bell. Retaining, without really defending. Not only will it further him as an anti American heel, but also as a cowardly heel.
But then I hear you ask Oh but then they can just force him to wrestle under no DQ rules." Well, that could be a problem, except for two solutions. 1) If it's no DQ, it gives the World Elite a free ticket to interfere, giving Young the upper hand. Whether he wants to defend it is his choice. ) I bring you back to Destination X 2009. Beer Money vs Team 3D. Beer Money get themselves disqualified purposely. Cornette then announces that the match will be restarted, under no DQ. And what do beer Money do. They grab their titles, and leave. they fucking walked away. Can Eric do this. Can he do it while the WE hold his opponent and security back. Certainly.
Another question you have to wonder is since when do wrestlers get to decide on when, where and who they can compete against. Can Amazing Red decide he will refuse to defend against X division wrestlers. No, because it's in the X Division. He can't decide he's only going to defend the title on dates ending with 2 and 4. He can't decide he'll only defend when he's in Cheyenne, Wyoming. Eric Young has no basis to decide on the rules. However, I do agree with making his own rules to abide by, where he can instegate more of a policy rather than a rule, in that he refuses to defend.
I like the name change. I hated the legends title. It cut down on competitors viably able to compete for it, and then starting to change holders willy nilly. How many times did foley and Nash change hands on Impact. The global championship has the right name and concept also. It follows the intercontinental title as less prestigious then the world title, despite meaning the same thing. It gives TNA their much needed mid card title, leaving the X division and tag team titles for their respective titles. It will act as what all mid card titles are supposed to do, and what the X division has tried it's best to do (to limited avail). And that's create main eventers.
Now, as for the English tour. Does anyone really think that TNA is going to change the title on a house show. If they do, yes they have found a way of bending his rules, but to what avail. That they can make a huge storyline change that's gone on for months, away from the cameras. Unless they tape it, which I highly doubt.
All in all, I like the name change a lot, and have mixed reactions about the concept.