The WWE could be a lot better, but for the sake of comparison, they're still a step ahead of TNA, for me.
For one thing, as minute as it may seem, the WWE has a longer history with it's fans. Because of that, if TNA even wanted to get on-par with the WWE, they'd have to exceed in quality, first.
Secondly, TNA just has too much going on during their shows. There's so much going on, in fact, that I often find myself forgetting everything that happened within 24 hours of watching.
It'd be a lot more interesting, to me, if they could find a way to compete head-to-head with Friday night Smackdown. At least then, we could compare the two products directly (even though some/most consider Smackdown to be the lesser of WWE's two weekly broadcasts). Getting a second show, to spread the storylines out with, wouldn't be a bad idea either. I mean, WCW did have Nitro and Thunder.
The 6 sided ring thing, I don't really get it either. It really just seems like something that they tried to do to stand out. I don't know about anyone else, but multiple entranceways would've been enough for me.
At the moment, TNA still has this watered down ECW/WCW hybrid vibe to it that either needs to be juiced for all it's worth, or let go of.
I'm hoping Foley brings something interesting to the table.
For now though, TNA will continue to be the one that I check in on while multi-tasking, and the WWE will continue to be the one that I make sandwiches to watch, hoping for product improvement.