I would say that all of that sounds pretty terrible. I would, but honestly I haven't enjoyed a wrestling game in so long it's hard to care what they do with this franchise. I guess I should applaud them trying to mix it up, but when you keep a series so static for so long I worry that fans of that series are going to have a bad reaction to anyone trying add new ingredients to a design they have grown quite accustomed to.
For me, I wish there were still wrestling games like No Mercy, Wrestlemania 2000, and WCW/nWo Revenge. Failing that, I'd take another version of that Def Jam wrestling game that used the same engine as those N64 games.