I'm somewhat tempted to try and compare VM Season 3 to the final run of WWECW on SyFy, where it was a totally different animal, but still well worth watching. But, even though I like Season 3 more than a lot of people do, I don't think it compares to Christian as ECW champion.
Other choice, I guess, would be to equate it to the dying days of the original ECW, which kind of works. Credible as champion never quite clicked, much like the shorter arcs and new characters, but there was still a lot to like, even if some of it was just because it was ECW, and ECW was great, and in the same way, even with the changes and somewhat weaker plots, the characters of Veronica, Keith, and Logan were still great, and made it worth watching, at least to me.
This is a very odd discussion Matt summoned me to.