In an ideal world, I would like to see a small European competition for the Championship. (or take one of the ones off the PL, because they are now involved with 3 aren't they?)
I would like it so the Championship remains the Championship and is not a stepping stone to the Premier and that teams aren't promoted. You can win the league and stay in the Championship, but are still able to play in Europe.
Still have the playoffs and those three teams, the two automatics and the playoff winner, play in a European competition the following season
Would love to go up of course, but that's tempered by the notion that we would probably get pummeled week in week out next season and that will not be fun at all. So it's that, that puts me off the Premier.