The whole net gun thing made me think of that time Austin was "hunting" DX. Remember Road Dogg getting his leg caught in a bear trap ... without actually being injured? Remember DX huddling in the middle of the ring so Austin could drop a big yellow net (which they'd somehow failed to notice hanging above the ring) on them? So just remember, yes, the Austin/nWo antics could get cheesier.
As for Booker/Edge -- match should be good, but the premise, feh. I don't see why they didn't just have Edge tape one of those Stacker 2 or whatever commercials, and then (before showing the commercial) do an angle with Booker trying to get noticed by that company, only to "lose" the ad spot to Edge. It'd be a bit more believable, it'd remind everyone of the feud every time the commercial aired, and the sponsor would be happy to get a little product placement on the show itself. I guess the Japanese shampoo thing was someone's idea of a joke. I don't know why, but I have a feeling it was the same guy who came up with the Hurricane.
I'll say this much- I've never watched MMA in my life; and the Jarrett stuff only tells me that according to TNA; MMA is boring, un-interesting to watch; and that Jarrett (the character) thinks so little of it that he's making fun of it on TV.