I can't really judge as i haven't watched a RAW since ZZ Top. I hate the whole guest host concept though and out of all the guest hosts i saw, the only one i enjoyed was Million Dollar Man, and even that wasn't a particularly great RAW. It was just better than the other dismal guest hosts.
The main thing i hate about the celebrity host concept is most people are just there to plug a new show/tour/film. It's fucking product placement, and i hate seeing time go towards advertising instead of building up feuds properly for PPVs.
I prefer the former wrestlers too but most of the hosts have done an okay job...Rhodes was awesome, Shaq was awesome, DiBiase was awesome and Barker was awesome...the rest did their job. I dont mind it but like I said the former wrestlers work better.
Yeah I guess in the end it depends who it is, because some host were fairly good like Barker and O'neal, but some were pretty bad like Piven. But some old wrestlers were good as well like DiBiase and Rhodes but then you have Sgt. Slaughter who was god awful.