For what it's worth, Hogan was a tremendous bully during his run on top in the WWF. He was a poor loser, constantly let others do the work for him while he took the credit, and always made sure he had the last word whether he deserved it or not.
But people, ESPECIALLY KIDS, love this. He's like Superman from the 50s, the whole "superdickery" idea, where Jerry Siegel always had Superboy/Superman playing jokes on people and being a general dick. Every kid secretly wants to be the bully and barring that, they want to cheer the bully or be friends with him, be one of his cronies. Hogan and Hulkamania was all about that.
The board's been great over the last week or so, btw. Keep it up. Would this be the note to talk about Outsider angles and stables in general (I have a friend who insists the secret to a good stable is to have the Leader, the Enforcer, the muscle, the technical veteran, and the young upstart, with those catagories overlapping to make at least 3-4 people).
Oh, and while I'm at it, Re: The Five Moves of Doom. I think this is more of a tool than anything else. It depends on how they're used. They can be used lazily, without adding much to the story done in the ring and just to kill time with action to lead up to the finish or they can be an integral part of the match and the story being told. A move that a wrestler goes for in every match tends to mean more than a regular move because the fans are conditioned to expect it. Presumably, it fits into the wrestler's gameplan somehow. I think I read an interview where Bret actually considered his 5 Moves of Doom part of his extended finish and something the crowd expected in his matches.