Virgil Hill once told me " There are so many titles out there that it is almost a bad thing to hold one"....It can kill a career...We all still just consider the WBA,WBC, and IBF as legit titles...some may add the WBO depending on the division. It is the ring magazine belt that has the prestige. It is 100 percent credible. As you said the only way to lose it is to get beat for it. Ring does not profit like the ABC organizations. IMO the holder of that title is the champion the others are belt holders