The Miz doesn't have a belt now. He was the WWE Champion until Cena beat him a few months ago. Because there are two shows (Raw and Smackdown), there are belts for each brand. Raw has the WWE Championship (CM Punk/Cena) and the US Championship (Dolph Ziggler). Smackdown has the World Heavyweight Championship (Christian) and the Intercontinental Championship (Cody Rhodes). Both the WWE and World Heavyweight Championships are the "top" belts for each brand. The history of the belts makes it even more confusing. The WWE Championship is a combination of the old WWF Championship and WCW World Heavyweight Championship (represented by the Big Gold Belt). The titles were unified after the acquisition of WCW. The World Heavyweight Championship was then created in 2002 and took over the Big Gold Belt design to give each brand its own title. Basically all the WWE cares about now are the two "top" belts. I think it sucks because the Intercontinental Championship used to actually mean something (and so did the US to a lesser extent). And they hardly even mention the Tag Team Championship (of which there is one after the WWE and World Tag Team Championships were unified). As good as WWE has been in recent months, I still think they have a long way to go to get back to pre-2000 levels. First I would put more emphasis on the tag teams. Second, I would push the "younger" talent more (or not bury them after initial pushes like happened with Swagger, Morrison, etc.). Third, I would stop cycling out the same champions over and over again (Cena, Orton, Mysterio, Edge before retirement, HHH/Undertaker prior to this year). Finally, I would scrap the whole PG thing. I'm not saying it needs to be Attitude Era 2.0 but at least TV-14. TV PG insults all the intelligent adult fans IMO. I think TV-14 could give both kids and adults a great product to enjoy.