Too many bracelet events at the WSOP

[BulletsBlitz]

While being interviewed at the WSOP ME PPV, Phil Hellmuth expressed concern over WSOP Europe potentially giving out too many bracelets thereby cheapening the meaning of winning one. Obviously he's primarily concerned with his record being broken. But why is he not concerned with the fact that they now have 55 bracelet event in at the Rio and will probably continue to add more each year.

This year, there were something like 6 $1500 NLHE tourneys and 4 $2000 NLHE tourneys with identical structures [img]/images/graemlins/confused.gif[/img] IMO there should be just one bracelet event for each game. 1 PLO, 1 NLHE, 1 six handed NLHE, etc. with the bracelet event being the largest buyin. They could still run all the others, but give out a ring, trophey, or even just the money.

That way there would be just one "World Champion" each year for each possible game variant.

What do you think?