I don't mind the addition of weightclasses so much personally, I think although it might have been for the wrong reasons, a little bit of weight makes a big difference particularly the lower your weight & would be a must since the advent of previous day weigh-ins.

The governing bodies are fucking stupid though, but one argument some one once said was that if the alphabets were all one, then it would be too easy for a single promoter to get hold of them & control boxing, as it was in the older eras. It's bad enough that Bob Arum practically runs the entire boxing media, I'd hate it if that bastard was in charge of the titles as well.