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HHH has held the belt for all but one month. He lost to best friend Shawn Michaels in the 6 man elimination chamber match (so he didn't even really lose), but won it back at the next PPV I believe. You're right, the title picture is pretty stale, but the WWE hasn't really done much to build up credible contenders. Since HHH has already buried the whole roster, all they've been doing is bringing in outside talent and has beens for HHH to squash (Steiner, Nash, Foley might get a turn, Goldberg'll get buried eventually). HHH will ruin the credibility of the entire RAW roster soon, but he's fucking the boss' daughter, so it's okay.
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