Jones vs Belfort. Silva vs Bonnar. Nogueira vs Herman. Not to mention UFC 149 & the cancellation of UFC 151. I hate to say it, but the UFC seems to be in a downward spiral quality-wise.
Many of the good fights are getting canceled due to injuries and there are not enough good fighters on standby to step up. The problem, as already admitted by many of the hardcore fans, is oversaturation. Too many events with not enough top fighters.
The solution? 12 big UFC events per year: 8 PPVs + 4 free quarterly FOX shows. There are 8 champions. With 12 big events per year you could have 2 title fights on each show and each belt would get defended 3 times per year (2 x 12 = 24 = 8 x 3). The fighters that normally are on the main cards for FX/Fuel shows could be the prelims to these events. This would result in big "must see" shows, with enough guys on standby to step in, in case of injuries. All the lower level guys (TUF contestants and other relatively unknown/inexperienced guys) should be shipped to Strikeforce who would serve as a developmental league, competing with Bellator for talent. Get Strikeforce off of Showtime and put them on FX. They should even rename the brand completely, the most obvious choice to me being "UFC: Strikeforce", which would continue to promote the larger UFC brandname while letting people know it's the developmental league Strikeforce.
The UFC should be showcasing only the top fighters and the events should all be spectacles. Unfortunately, Dana White wants there to be weekly UFCs in multiple countries at the same time. Viewership in the U.S. has likely already peaked and plateaued, if not already dropped off some, due to this oversaturation. Hopefully Dana will reconsider his lofty goals. This isn't the WWE where you can control the action and choose which superstars will be performing every week. There's only so many guys in the UFC who "sell". Big names sell. Guys who come to fight their hearts out every time sell. And title fights sell. I consider myself a huge MMA fan but there's just too much product out there for me to care about as much as I should. If I'm a hardcore fan and feel that way (and I know others who do too) then imagine how the general public feels, ie, the people they're trying to convert into hardcore fans?