Given the time period he was in and given that there was only one world title at the time.... great as he was, I don't think Owen would have seriously been considered for the world title.
Today numerous guys who are genuine midcarders.... have had their mitts on a World title (say Jack Swagger, Christian), because theres now 2 champions, and the talent pool also lacks the depth of Owens era.
From the time of this clip (1998 or early 1999) .... you had Steve Austin, The Rock, Undertaker, Mick Foley, Kane, Triple H..... and to a degree a pre-injured Shawn Michaels... all in the top tier mix, all competing for just one world title.
I think that Owen was actually closer to a world title when he turned heel on Bret in 1994.



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