For all you people bytching about it, the Continental Classic wont be a new belt/title. The winner basically gets the tourney W and Eddie's belts.
EDIT: wait, TK just back tracked and explained there will be title and there will be three belts complain away brehs, nevermind.
I figured it'd be like the Owen Hart classic belt / Dynamite diamond ring. Something that only gets defended whenever the tournament comes back around.