I will admit that at first I thought that a tournament of that size would never work and how they had Hardy vacate the title was badly done and was a mistake to do. But after a few months I will say that my opinion of the World Title series has changed and I think it has been very well done especially when it come to including talents that most wouldn't expect in a World title tournament. Even though this is a simple way to have a long term direction for TV and the company as a whole it works, because it gives the matches on TV a lot more meaning and intrigue.
Looking at the companies ratings may make others believe that the tournament isn't helping, but ratings don't always come forward even with meaningful and every so often a great match that sticks out. I believe the reason for that has to do with TNA once again leaving their TV home for somewhere new in January and the lack of willingness from fans to give the company another chance.