Anguyen, right now New Japan is by far the best promotion in wrestling. Their match quality (at least the year-old matches that AXS TV have been showing) is far above anything WWE lets their performers do or are capable of (I lean toward the former). The Nakamura-Ibushi and the Tanahashi-Okada matches from WrestleKingdom were the best matches I've seen all year. The only WWE matches in their ballpark are the Royal Rumble triple threat and Bayley-Sasha from Takeover: Brooklyn.
It can be argued that WWE is actually the fourth best promotion right now, behind New Japan, Ring of Honor, and WWE's own developmental league, NXT. I don't get Lucha Underground on my cable, so I can't comment on it. Production values don't matter if it's just two ancient guys or two immobile, muscle-bound guys clotheslining each other. The NXT wrestlers get neutered once they get called up or get stuck with terrible gimmicks, while you listen to three announcers bicker and try to get themselves over instead of calling the match.
I'm not crazy about Mauro Ranallo as a boxing blow-by-blow guy, but he's great for wrestling. And his colorman, Josh Barnett, actually gives insight as to what the various holds and moves are supposed to accomplish, unlike JBL or Booker T.
It sucks about Rollins getting hurt and being out until after WrestleMania, because it means they'll either usher in the Reigns Era or panic and go back to Cena once he comes back from taping his fitness show. Or worse, give it to Del Rio.