as far as i was ever concerned, when wcw died out so did professional wrestling as a whole.
WCW had people like ric flair, lex luger, sting, hulk hogan, etc. these guys knew how to put on a good show that you could safely watch with your entire family. (well until the whole kimberly paige playboy thing >_>)
wwf on the other hand is far from family entertainment, when they didnt have a pack of morons in the ring trying to get chicks in the audience to flash their boobies or telling them to "suck it", they held matches in which the sole objective was for the 2 female combatants to rip each others clothes off.
while it was entertaining, it was becoming more and more "jerry springer" every episode. And the recent edge/lita in-ring "sex" is eveidence that it has only gotten worse >_>.