I'm not JBW Butthurt, but I just thought of a major fault of these ratios:
It doesn't count shows, it counts posts. Shows have different lengths--I know for a fact that the original Showdown was a lot smaller than Mayhem or Warfare was. I can't compare to EWNCW, but this would be a lot more interesting if it was views per show.
Using the Views/Reply number--Rob's xmas special was 13 posts. That's roughly 485 views for that one show.
Views per post favors short shows and actually punishes long shows. Views per Show is almost a much more impressive number