I don't see them giving Rock the title if he's not going to defend it at Wrestlemania against Jericho (when he returns and wins the Rumble). Plus Punk seems to have the Shield taking care of his near losses. I love Punk, he's the best heel in the business and the best wrestler. He didn't turn face, the Universe turned him into one because they were hating on Cena so much. Because of their feud he had to really alienate himself so it wouldn't be weird having a face / face title run.
And on the subject of the Rock's shtick, sure it's old but it's funny. The kids and immature adults seem to love it. And it seems like that is where Cena got most of his routine. I've laughed a few times at some of the things Cena has said. Sure, he's a horrible wrestler and he's corny as hell but he can make me laugh. I have a broad sense of humor and even the dorkiest thing can make me laugh. (and to get off topic on that I have a friend I play Red Dead Redemption with online, he's British and I never hear him laugh or crack jokes, very monotone in his speech, shows no emotion. One time he told a really dry joke, I don't remember it but I caught it and called him out on it and made him laugh).
Still waiting on Rhodes Scholars to win the Tag Team Titles. Team Hell No has run it's course and they aren't doing the "I'm the tag team champions!" anymore so there's no point in them having it.