I also watched a little bit of actual "professional" wrestling too. I seem to recall one where Hulk Hogan's friend, who I seem to remember was Mr. Wonderful, was supposed to be "wrestling" alongside him in a tag-team match, but he turned on Hogan and the two became enemies. (A quick Wikipedia search confirms my memory.)
I don't remember watching it too much after that. I think it was the kind of thing that I'd watch when it was on, but I never went out of my way to watch it. For the most part, I think that I lost interest because it's pretty much the same thing over and over again. Unless dudes in tight briefs throwing each other around is your thing, I don't see what the appeal could possibly be. Even though I've had friends who have liked it for its kitsch factor, I've always assumed that the average fan is some sort of yokel who probably doesn't know how to read.
If you're thinking, "I'd like it if only it had some mention of Jesus," then boy, are you in for a treat! Presenting: The Christian Wrestling Foundation! I shit you not. Check out "The Italian Stallion" versus "Chris Idol"!
Yes, ladies and gentlemen, just when you thought it couldn't get any weirder, shit like this exists. Oh sweet Flying Spaghetti Monster preserve us!
Here's the thing - how do I even begin making fun of this? It just kinda makes fun of itself, doesn't it? I mean, the fact that exists is enough to make my head spin. Okay, I'm done.