I'm glad for King of the Ring cause its about time wwe had tornuaments, just no hokey king gimmick that accompanies it (unless you get King Bookah levels of nonsense
).
I think KOTR should be the lead up PPV to summerslam in the future, the same way the Rumble is the lead up to Mania (KOTR winner gets a world title shot of his choice at summerslam).
They should use it to push new talent (then again, so should the rumble).
Could easily make it a 64 man tornuament with how deep the roster is, but 32 men would suffice. (14 from each brand, 4 from NXT).