I think catchweights are a result of the pound for pound rankings and more so public interest. In my opinion they are good for boxing in a publicity sense at the moment considering the limited media exposure recieved compared to previous eras and the current state of the heavyweight division. (Speaking of heavyweight divisions, why is it fair for Haye to fight Valuev but not Pacquiao and Cotto?) In the long run though this diamond belt shit is going to hurt boxing. What's next? A belt for every pound? One of the main problems is that boxing needs all the attention it can get. Despite what many think there is a desperate lack of true superstars. English speaking, caricatures with distinct differences in style and, most importantly, personality, are needed to mix with the myriad of multicultural talent that is always found in boxing. However, the rise and rise of alphabet titles and the countless weight divisions are also hurting the sport. There are simply too many champions for the people to identify with. Money makes the world go round but it can also turn it upside down.