I think everyone will agree there are too many organizations in boxing and on top of that, most of them are pretty corrupt.
Obviously having four major belts in one weight class makes the term "world champion" mean a lot less. So unfortunately at any given time, you could have four different world champions in one weight division. On top of that, you can have retarded shit like "Super Champion," Interm Champ and Silver or Gold Champion by equally retarded organizations like the WBC who give out belts so they can collect their fees.
This is why I think many hardcore fans, myself included, give more props to the guys who win The Ring belts, which are typically lineal belts and you can only get it by "beating the man who beat the man" etc., and to those guys who try to unify the belts. In the end though I don't think fans care about belts, they just want to see the biggest names and the best guys fight. I mean who remembers what belt was on the line when Sugar Ray Leonard fought Duran?
Boxing problems go on and on and on. For the most part though, the fights people want made eventually happen. I don't think this Floyd/Pac is very typical, I mean most anyone would do anything for that kind of money and it takes a very special type of pussy to turn down $50 million dollars for one fight. Although things like this have obviously happened before to a lesser extent (Roy Jones and Bernard Hopkins not fighting again for 17 years is a good example of that).
On one hand it would be nice have a Dana White in boxing, that is to say if all the four major bodies were merged into one organization and controlled by one guy. However on the other hand there are a lot of negative things that would arise from that as well.