Yea, this is a test of how serious Vinnie Mac is just a few short months after Eddie's death.
I share your concerns exactly for the ECW brand. I'm stumped as to who should get the ECW belt - it shouldn't go to a WWE convert (Angle, Big Show) but nobody else on the brand (except Sabu) is champion material. Wish Lance Storm signed that 3 year deal but he doesn't want to deal with a fulltime schedule, and who can blame him?
Sandman perhaps? Bring back Al Snow? I really don't know who they could get except perhaps Big Show. But the ECW fans won't like it one bit.