The tag team division is, in a word, awful.
It needs improvement big time.
By reducing the amount of titles you would have a lot of guys seemingly kicking their heels. But no.
Before most wrestlers get their push they are in a tag team. And when you have up and coming stars you tend to have good tag teams. Remember the days of E&C, the Hardys and The Dudleys, they were top class tag teams and I'm sure with the desire of the younger wrestlers they could at least have a go at coming close instead of just watching Heath Slater and Justin Gabriel fight Santino and Koslov.
Put Sheamus and Drew McIntyre together for a start. Have people like Evan Bourne joining up with someone, basically anyone who is not fighting for a singles title should be put into a tag team.
Now I know not all these tag teams will work but some will and they will be fantastic. It has to improve and pretty quickly because it is becoming a bigger turn off than the Divas Championship.