I'm sure that Ring Magazine (owned by Golden Boy) will use this chance to add that "this fighter will be recognized by RING as the true and lineal welterweight champion." haha.

I like belts to a certain point, belts IMO identify who's at the top of their division and legitimizes certain fights. But once you've fought in multiple weight classes and you're a known star, belts should just be thrown away unless you're trying to win your first belt in that division. Floyd's already won the WBC Welterweight title and Shane has won a belt multiple titles at 147, it's pointless for a belt to be on the line. Same goes for any of the big stars.