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I know I'll be in a very small minority here, but I really like WWE's obsession with LEDs, white ropes, the whole shebang, mainly because the aesthetics mirror the product really well. It's clean, polished, shiny and expensive like Marvel comic books which is perfect for WWE.
I don't know where they can go with improving on the current sets though. Maybe like a slightly raised LED platform for the announce desk? I also think plexiglass or other transparent material ring steps would look cool with the way they'd reflect light.