Wait, what?
Watch TNA recycle old storylines because you don't know how they will end? That's ridiculous. TNA should be gaining new fans based off of new storylines, not rehashing the same old storylines from WCW and WWE's respective heydays. It's lazy writing, and to even imply that we should reward them with our viewership and PPV buys is preposterous.
When you get right down to it, every wrestling storyline is "two guys hate each other and want to fight". There's only so many unique ways you can do that. Some storylines have been rehashed so many times that they're accepted as commonplace. There's a reason for that, though. It's not because it's lazy, it's because it works. Now, obviously, in some cases, that's not true. But in most cases, there's no issue.
So, wait. The WWE using the Attitude Era, full of crazy storylines that they for the most part came up with themselves (when not blatantly stealing from WCW or vice versa), is just as bad as TNA rehashing old storylines from 15 years ago?
You'll have to explain that to me. TNA is boldly and without apology stealing storylines and superstars from that past. The only problem is that they don't execute the ideas half as well and end up with a storyline that ended up worse than the original did.
You said it yourself. WWE did the same thing in the Attitude Era. Likewise for WCW. They both stole and rehashed storylines from each other all the time. Some cases it worked, others it didn't. Same as what TNA is doing now. How is it a problem now if it wasn't then?
As for the ones WWE originally came up with, don't forget, not every one was gold. Kennel From Hell, after all.
How the above is any better than the WWE and WCW going to war and coming up with storylines themselves is beyond me.
If anything, the WWE is the better choice for the "newer generation." WWE has had decades of experience, and it shows when they put out terrific PPVs like this past Wrestlemania 26. TNA is so inexperienced they resort to old storylines and the reincarnation of old superstars from wrestling's past that have gone well past their ability to entertain (Nasty Boys, I'm looking at you.). TNA not only reuses old, tired storylines that you seem to think will entertain me because they're stolen; they fuck them up beyond repair. When was the last time you sat through a TNA story arc and understood beyond a shadow of a doubt where you were?
Wrestlemania was an excellent PPV, there can be no questioning that. But, it was Wrestlemania. No gimmicks, nothing added on, just an excellent card that delivered. How many other WWE PPVs on the horizon look to do the same? Almost every PPV outside of Summerslam have some sort of gimmick attached to them, and I feel that will cripple the WWE's storylines for the rest of the year. If 2009 was any indication, they'll focus more on the match type itself rather than any feuds going into them. That's much lazier than recreating an old storyline, because that's at least a storyline. What WWE did last year can barely be called that. As for the older wrestlers, it's been said a lot on here already, but TNA brought them in to draw in casual fans. Once they feel they've hooked enough fans, they'll fade them out. It's started already, as the Nasty Boys have apparently been released. I suspect that Hall and Waltman won't be staying much longer either.
All it takes is a little patience. TNA's just started, they'll make themselves known soon enough.