The main event should ALWAYS be the championship - it doesn't matter what other storylines are going on, that world heavyweight title match should be last on every PPV, regardless of whether it's Cena or Punk holding it. The belt needs to be built back up as something truly important, not just an accessory to be passed around on Vince's whims. The belt is storyline enough, which is why Jericho should have cost Punk the title before instigating this personal feud with him.
Also, what ever happened to no. 1 contenders? Or results mattering, for that matter? There's so many mid-card guys doing NOTHING, when they should be WRESTLING to improve their win records, become no. 1 contender and get a chance at the belts. Then, if someone costs them their chance to be no. 1 contender, for whatever reason, there's a feud right there, and the champion gets a steady stream of challengers for his belt, rather than just feuding back and forth with the same guy each month. No chance of dropping the title, no prestige added to the belt or the champion, and no chance for non-main event wrestlers to surprise people and shine in main event matches they wouldn't normally have received at that point in their careers.
Bah, I'll stop ranting now and just go watch some Japanese wrestling.
I agree with EVERYTHING you said here, Bootaaay. Henry should be holding the title right now, in my opinion(and this also answers your previous question, Sunflower!). Who knows what he could have done, maybe start issuing 'open challenges' for people to beat him kinda like Umaga did? or maybe hold a 'Mark Henry invitational' to see who is worthy enough to face him for a title shot? I know they tried the tournament thing once within the last year, but I don't see a better way to create multiple storylines and make several wrestlers look good all at once better than doing a tournament. BOOK IT CORRECTLY FOR FUCKS SAKE, WWE.