I don't really know man. I think with as much money as is involved now, there is a tendency to play it safe and be as unoffensive as possible. And I think in the 80's the characters and personalities were directed at kids while the angles were a little more dangerous. Now the angles themselves are more safe and kid friendly and there are not as many larger than life personalities. No red and yellow Hogans, no JYDs, no polka dotted Dusty, no Rockers, no Brutus Beefcake, no Macho Man, no Ultimate Warrior, no Bushwackers...you catch my drift. For example, I was watching the Piper's Pit where he hit Snuka with the coconut the other day...no way that ever airs on WWE programming these days. Those were two personalities that kids loved, but the angle was definitely a little racy.
And for the record, I am not saying that TNA angles are awesome and edgy either. But I don't get the feeling that they are trying to cater to the same clientele as WWE.