Yeah I think the comparison between Jericho & Hogan/X-Pac isn’t quite right. As you note, rather than being an old passed it being pushed as the main event, he’s an old passed it being pushed as a feature mid-carder. He’s definitely not my cup of tea and he’s on TV more than I would care for but it could be a lot worse.
It seems like BS eh. Other folks I’ve seen are suggesting its just because they want to ditch easy anti-cheat to go with EA anti-cheat which (apparently) is windows only with no plans to develop for linux.