No Way Out seems like a tailor-made opportunity to take the belt off of CM Punk, but I'm not so sure it's the best route to go down. The Triple Threat Match gives WWE a way of having someone -- Daniel Bryan, probably -- win the WWE Championship, without pinning/submitting the champion -- pinning/submitting Kane, probably. I think this is the likeliest scenario, if only because of the result of the last Daniel Bryan/CM Punk match for the WWE Championship -- it ended with Punk pinning Bryan, tapping out RIGHT after the count of three. The WWE basically made it seem that Bryan and Punk were equals, with Punk surviving by the skin of his teeth. You'd think, in turn, that this would only futher that, but this time, the other man would win. I'm no so sure, though.
WWE is in a bad situation right now -- the roster's thin and the main event is suffering in particular -- and John Cena may be taking time off. That means you won't have 2 of your top 3 superstars (John Cena and Randy Orton) actively wrestling, with a plethora of others out, and you'll be taking the belt off of the only guy close to them (CM Punk)? Somehow, I don't think that's all that likely. You'd want to push Punk as the champion and the face of your company EVEN MORE, at that point. Plus, Punk's reign has been very good, and considering that he has beaten plenty of great competitors, I think he'd only lose the title to someone like a John Cena or a Brock Lesnar, setting up for the major feuds going into WrestleMania 29.
Right now, I just don't think his title reign will end any time soon. Like I said, though, I can see it happening down the line, to the likes of a Cena or a Lesnar. It would have to be something of that ilk, because nobody else can really hang with those bigger names, and with all the rumored WrestleMania 29 bouts, and the fact that the title will most likely be involved in one of those matches, you have to think Punk will hold on for the foreseeable future. I have no issue with that, though. Punk's a fine champion and deserves to have a nice long title reign. Plus, stability for the WWE Championship is what's needed, not a game of hot potato.