With this in mind, do you think in some respects the "PG rating" has actually helped WWE in some respects? Such as making things seem more meaningful.
I don't think it has helped the WWE as much as it has hindered it. The backlash from fans and casual viewers alike has come in full and ratings have dwindled over the time that they have decided to change to a more family-friendly product.
However, in this case, I have to agree with you. I do not champion the Attitude Era and I actually enjoy some aspects of the WWE PG elements. Both of them have their ups and downs and I have enjoyed the WWE just as much today as I did in the past. However, I have to point out that the Attitude Era's use of blood and violence tended to be too much at times. You would see Triple H, Ric Flair and Austin covered in blood and you would shit your pants. If someone had legitimately lost that amount of blood, they would be rushed to the emergency room for a fucking transfusion...
That being said, WWE PG has served to set up a lot more boundaries with wrestling and has managed to cordon off some of the aspects of wrestling that a lot of us characterised with the wrestling business. Things like blood and knife-edge chops are now all but gone and of course there are going to be people who do not like that. However, the thrill of seeing something like blood, as was the case last Monday, is heightened when you know that you really shouldn't be. It is exactly like doing something you aren't allowed to do... It is the same sort of rush.
What I do not agree with, however, is the breaking up of matches to wipe blood from the brow of a competitor. I understand that the WWE is a business who need to look after their aspirations and that means no blood is to be shown. However, when I see a trainer run down the ramp to clean up a competitor, it makes me sick. It takes everything out of the match and the momentum is all but gone. Truthfully though, it was nice to see CM Punk just get on with things even though he had broken his nose. No trainers and no bitching added a more deadly feel to his character and the attack.