FWIW Diaz was never the Lightweight champ, he was a strap holder, a unified strap holder, but a strap holder none the less. Casamayor was the champ until JMM beat him and took the title. To answer the original question, I don't think a UFC type organization would be good for boxing. Sure there are plenty of things that could be changed, but we already have the Ring, and if people recognize that first and foremost then that is covered.