You are going to have to back up all of this w/ actual facts or all you are doing is bitching and complaining. Please, validate what you wrote.
I partially agree with everyone and partially agree with snowdogg's perspective. I think there is a happy medium here that the majority is electing to ignore. Wrestling is down right now, there is no doubting that. I think when Benoit died, it made things very real for the wrestling business. That made the process of the cycle back to PG rating a bit quicker. I also think that storylines would have become stale if they stuck to the attitude era. It was probably beneficial that the WWF went PG because when they go back, we might have another prodigious spike in ratings. However, to do that.. we need competition. TNA will not bring that. Let time pass and let the process evolve. That's probably the best case scenario for the business of wrestling. You can't have the attitude era for 20+ years. It wouldn't work. You also can't have the PG rating for very long either.
We'll see where it goes from here. All we need is a few big guys to step up like Steve Austin and Rock did and we'll be right back to the glory days.
edit: I do also think booking/creative/etc. needs to get a lot better.