I feel like I've heard this argument a lot, and I don't really understand it. In what way would Raw be worse off, and less serving of its many masters, if it was booked as a traditional pro wrestling show? Wouldn't the show be much more appealing if it weren't built around feuding GMs, endless horrible comedy skits, impotent babyfaces, etc? If the current formula was working you could shrug and say it is what it is, but their ratings are hitting historic lows every week. If the pressure is on them to grow and deliver bottom lines, they're failing awfully. The Network is nowhere near the numbers they promised their investors, and they may never be. They also failed to deliver a big new TV deal, and I wonder, given the ratings trend, what their next contract with USA is going to look like.
I had the same question when Vince was on the Austin podcast, and he explained that they simply need a massive team of writers, because the business has changed. But why? Who changed it? Has it changed for the better? If the many new masters they now serve includes stuff like, "We must let Stephanie emasculate every wrestler in the company to establish to the world how powerful she is," that seems like a self-inflicted wound.