This would be even more of a disaster cause they don't have a ranking system at all for fighters outside the top 20.
While the alphabets are pretty shit, they do offer a way for a fighter to work up a ladder.
The reason there are so many 'crap' fghters in alphabet top 10 is because they predominantly put fighters who favour their organisation above another. While this seems wrong, as long as the fans recognise that a single belt only represents dominance over a section of the competition (and as long as unification fights are regularly made) the hierarchy can still be maintained.
If there was only one organisation like 'ring' making the decisions, however impartial they would want to be, inevitably some good fighters will be frozen out of the loop due to a lack of marketability and it would be even harder to decipher who the best is. While the system at the moment is far, far, far from perfect, the solution isn't as simple as most fans believe.
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