Honestly, with the way I feel about 'unofficial' title reigns and what-not, I think that ANY title change that was witnessed by an audience in a sanctioned event ought to count. When an organization muddles up their titles' lineages, it just comes off badly, and brings into question credibility for credibility's sake, ESPECIALLY when kayfabe is on the line. For goodness' sake, look at WCW's track record, for example, and I can name just a couple of instances--
March 1996, when Lex Luger and Johnny B. Badd (Marc Mero) had the phantom TV title switches. The TV Title, changing hands, NOT ON TELEVISION? What the heck?
Or how about Sting, losing the United States Heavyweight Title (keep that in mind) to Kensuke Sasaki-- IN JAPAN. Wha--?! The US Title, changing hands, OUTSIDE of the United States?! What the heck? (again!)
Things like that, to me, are indicative of a wrestling promotion that doesn't know their head from their ass. If I'm WWE, I'd fill in the blanks as to EVERY title lineage, even the defunct belts. As far as the IC Title carrying on the lineage of so many other titles, why doesn't the EEEEEEE go ahead and acknowledge that fact?
For the fans' sake, think about it WWE... context helps to create the reality.
David Crockett sez it best, folks: "Look at 'im, Tony! Look at 'im!"
I'd have to disagree The European Title's meaning was at it's height when it was first started. The finals in the European Title between Owen and Bulldog was one of the best matches ever on free tv. Then Owen vs.