2006 was the year that I, like many others, thought that the re-formation of the ECW was going to be something great—instead we got the WWECW.
Vince McMahon and the WWE has destroyed what was once a great wrestling company and turned it into your typical WWE program. They let go many of the ECW stars, except for Stevie Richards and Tommy Dreamer—and the two of them have been WWE stars for quite some time now, so there's no big surprise that they were kept in the company (to be used as jobbers).
This new ECW follows the same rules as the rest of the WWE: each match has pin fals, submissions, and DQ's, unlike the original ECW where there were no DQ's in any match.
Now they decided to change the ECW title. ECW was a much smaller company than WWE and WCW, but they still managed to create a title that was visually good. However, the WWE, being a multi-billion dollar company, created a title that is visually awful—the strap alone looks like it could fall apart at any time.
One more thing I'm sick to death of is the announcers referring to the ECW as the "land of extreme" when in reality there's nothing extreme about it.
The WWE hasn't destroyed 10 years of ECW memories, but it has tainted what was once a great wrestling and entertainment show.