Some of you guys are ridiculous. Pacquiao beats Barrera at 126, and you don't recognize him as a champ, but he beats DIAZ at 135 and deserves recognition? The fact that you find that statement above valid shows how much boxing is in the toilet. The Ring/lineal belts mean much more than the alphabets.
For me the ring belt is the most important belt. There is only one true champion per division, and it's usually the ring..