To make the WCP Cup more competitive, would relegating teams from each tournament to a qualifier the next year work? Its done in junior hockey, the Olympics and other major tournaments. It could help with the dilution of talent and could eliminate meaningless games.
I'm in favour of something along the lines of the bottom 2 teams in every pool (8 total) from the 2011 tournament go to qualifiers for next year. Then all the new teams for 2012 and those relegated from 2011 have a tourny in February 2012 for 4 spots, and the actual WCP Cup in April 2012 only features 20 mens teams total.
For the 2012 tournament, make relegation for only the last-place teams from each pool to the 2013 qualifier, and have those teams play against any prospective new ones for the same four spots again.
This would give new teams a chance to earn a spot, plus make it possible to get back in if you sucked one year. Plus - it would make the games meaningful even for teams that aren't making the playoffs in the actual WCP Cup because one win could mean the difference between a qualifier the next year or not.