In retrospect...I liked the story because it was something I saw as being "impossible" to pull off for a live, living character, person.
The thing about it was so many people that I know that were not wrestling fans BOUGHT into it and people who thought they were "SMART" BOUGHT into it. Gladly and sadly it ended before we got to see any conclusive end because of incidents, that's all I will leave it to, that followed shortly afterward.
I gotta go with negative. Vince McMahon would have made it work, Hogan just made it a lot easier. Might've taken a few years longer, but the territories were an antiquated system that just needed someone willing to take them on.