I would be wary to put the title on Hogan. He's a HUGE name, yes, but he's everything that TNA needs (and says they're going) to get away from - broken down and very limited in the ring. He can't even do the leg drop anymore due to herniated discs (?) he had surgery on.
Then you have to take into account Hogan's ego. Is he willing to put over AJ Styles or even Samoa Joe once he has the title? Something tells me "I don't think so, brother." Unless its written into his contract to do so, I can't see him agreeing to ultimately lose to AJ. Remember, he supposedly has total control over his character's booking in TNA.
At this point, Hogan would best be served in a non-wrestling facet. Make him the General Manager of TNA. To a degree, he could be what Eric Bischoff was for WCW on air. He gets involved with storylines and once in a while gets in the ring for a match, but it's once in a blue moon.
I think Hogan in TNA can be a really good thing, as long as he has the company's best interests at heart. And unfortunately, the company's best interests do not involve him getting the title.
There's a couple things against TNA going live and the foremost thing is their venue - Universal Studios. TNA is confined to park hours and if they were to go live, first they'd need the park's permission. Plus the costs of running post-park hours might not be cost effective. TNA's best bet is to find a new venue before deciding to go live.
TNA having a show on Mondays would be interesting. I'm curious to see how it would do stacked against Raw. My gut feeling is that it would do horribly - right now they're not even doing half Raw's rating. Moving Impact to Mondays or creating a 2nd show could be detrimental to TNA thriving. But if they give it a try, I'll be eager to see how it does and I'll keep my fingers crossed it'll do well. The problem is that it's a pretty big gamble - definitely not a sure thing.
I want TNA to succeed and in the past 7 years, they've done pretty well to stay afloat. But things have been really hit or miss and nothing has really elevated them to the top. I hope acquiring Hogan & Bischoff does the trick. I'm just not going to hold my breath.
Here's a question - now that Hogan and Bischoff are there, anyone think Mick Foley will leave TNA?