I would disagree as this is the highest rated(5.0) show wcw had (besides when they got the 5.7 when raw wasn't on)in the rest of wcw's life. The figerpoke of doom made the title look worthless as nash could care less if he had it, it made a returning hogan champion which people got tired of hogan by this point, and they blew their load on wolfpack vs nwo hollywood here. There was no payoff, and thats what fucked wcw up. There was never a great payoff on any of there storylines, and people got tired of it. And then when people got tired of it and started tuning on the other show time warner decided to hire vince russo. That was when wcw turned to real dogshit. And then no one wanted to watch. So yes the fingerpoke of doom fucked wcw.
I respect your opinion but will also try to keep on topic: Though I guess Goldberg and his Streak had a lot to do with Nash and issues later in WCW.
But you need to take a look at WCW in 99: I don't agree with the Fingerpoke. But at the same time it tightened storylines, and reduced the ridiculous amount of factions and stables. That was the original plan. I do agree that the pay-off was weak. But the idea was to merge the stables and get rid of the filler and the bloat that had become the nWo. I mean it makes some sense. They started together and now will end together. Then you have Goldberg, Sting et all battle them. The WWF pulled this crap all the time: Corporate Ministry being the worst offender. But then again they are still in business and this would not be a topic had WCW not been dead two years later.
Now ratings remained strong for nearly four months after the Fingerpoke. It generated large audiences after the fact. Also, buyrates remained strong. And the belt was not a joke due to one title switch. It did not help the luster of the title but at the same time I would argue that long-term it did nothing. The WWF was doing the same thing at this time and it grew worse in 99 and Vince McMahon won the Rumble that very month.
Here is a list of title holders from 96-99:
The Giant April 96
Hulk Hogan [2] 96/08/10 Sturgis, SD
Lex Luger [2] 97/08/04 Auburn Hills, MI
Hulk Hogan [3] 97/08/09 Sturgis, SD
Sting [3] 97/12/28 Washington, DC
Declared vacant on 98/01/08 in Daytona Beach, FL by J.J. Dillon, the chairman of WCW Executive Committee, because of the controversial endings at the 97/12/28 card in Washington, DC and the 97/12/29 card in Baltimore, MD.
Sting [4] 98/02/22 San Francisco, CA
Defeats Hulk Hogan.
Randy Savage [3] 98/04/19 Denver, CO
Hulk Hogan [4] 98/04/20 Colorado Springs, CO
Bill Goldberg 98/07/06 Atlanta, GA
Kevin Nash 98/12/27 Washington, DC
Hogan 99/01/04
Flair 99/03/14
Here is the WWF:
Shawn Michaels Bret Hart Anaheim, Calif. 03-31-96
Sid Shawn Michaels New York 11-17-96
Shawn Michaels Sid San Antonio 01-19-97
Bret Hart Undertaker Chattanooga, Tenn. 02-16-97
Sid Bret Hart Nashville, Tenn. 02-17-97
Undertaker Sid Chicago 03-23-97
Bret Hart Undertaker East Rutherford, N.J. 08-03-97
Shawn Michaels Bret Hart Montreal 11-09-97
Stone Cold Shawn Michaels Boston 03-29-98
Kane Stone Cold Pittsburgh 06-28-98
Stone Cold Kane Cleveland 06-29-98
The Rock Mankind St. Louis 11-15-98
Mankind The Rock Worcester, Mass. 01-04-99
The Rock Mankind Anaheim, Calif. 01-24-99
Mankind The Rock Tucson, Ariz. 01-31-99
The Rock Mankind Birmingham, Ala. 02-15-99
Stone Cold The Rock Philadelphia 03-28-99
The problem that WCW ran into was continuing with the nWo. It just fizzled and died and they began to turn Hogan face. Goldberg got hurt. Bret Hart's angle went away. There were all sorts of problems. They panicked because the WWF just took the fuck off. I mean, the ratings were bonkers. They had to attempt to build new guys, and they did haphazardly. For example you have Buff Bagwell dominate Flair and Piper and then go nowhere with it. Or make the Revolution look strong one week and then weak the other.
I do think Goldberg winning at Starrcade would have helped WCW through 99. But then again: People had tired of Goldberg at that point. So it may not have worked. Sure he remained hugely over. But it was not like it was six months prior.