To be clear, the Oscar De La Hoya fight was not at a catchweight and in that fight Pacquiao came up from 135 and De La Hoya came down from 154 to 147. Also, the oddsmakers in Vegas had De La Hoya 2-1 favorite in that fight and many posters here on saddo's even had De La Hoya the prohibitive favorite.
Please realize that catch-weight fights didn't begin with Pacquiao. Many of boxing's greatest have fought at catchweights. In fact, Bernard Hopkins has fought in more catch-weight fights than Manny Pacquiao. Hopkins earned arguably his biggest wins--Kelly Pavlik & Oscar De La Hoya--at catchweights. He also fought Winky Wright and John Davis Jackson at catchweights.
Sugar Ray Leonard made Donny Lalonde come down to 168 in a fight for Lalonde's light heavyweight title.
Julio Cesar Chavez fought Meldrick Taylor at 145 for the welterweight title.
Roy Jones Jr. fought Felix Trinidad at 170 pounds.
I'm not taking a stand on catch-weights either way, but to say that Manny Pacquiao is the king of catchweights is erroneous. As far as I know, he has fought three fights at catchweight: Cotto, Margarito and JMM. The only fight of those where I felt the weight favored Pacquiao was against Cotto.
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