The WWE is almost like a soap opera... they're both fake as hell but very entertaining. Of course the WWE is fake. If it were real it would have to only be shown on PPV like they do with Chamipionship Fighting tournaments.
I used to hate watching the WWF when I was a kid. My best friend from high school always kept asking me to go to the local event when they came to town, and I always turned him down. Now I wish I had gone to those events, because it was a lot better back then than it is now.
Granted it's fake, but it sure is entertaining!