I thought of that one, but honestly, the WWF sold the hell out of it by giving him such a long reign. Agree or disagree with the choice of champion, at least it meant something and everyone - the fans and the booker(s) - gave a shit. When he lost the title finally, it was a huge moment and it can be argued somewhat that Warrior was "made" because of it (I wouldn't go that far necessarily, but it didn't hurt). Compare that to the past decade or so, where the I-C Title hasn't rmattered.
Yeah, that was a big part of me getting out of wrestling for awhile but it didn't affect the title.