Re: WWF- real or fake? or both???
 

Monday Night Raw has been live for the past 6-7 years (yes, they used to do a recording earlier in the day until the now defunct Monday Nitro started reveiling what happened on Raw before it aired, Nitro itself being live since 1995. Quite humerous back in 1998), as are all the pay-per-view shows (all with the usuall 7-second delay).

Re: WWF- real or fake? or both???
 

Lot's of cameras at football due to the extremely high viewer numbers and commercial sales. More than ten cameras is not unheard of at football with the Superbowl having more than twice that number. I think there were 27 cameras at last year's game not including the "wire cam" above the field or the extra HD cameras for the HD presentation. Wrestling on the other hand gets by with less than five and quite often only three with one of those a lock down. Two handhelds get most of the action and when they want the announcers on camera a handheld might breakaway or a fixed position camera might spin around and get the announcer's table. Monday games you have mentioned might have one or two more but they spend a lot of money on the ligthing and special effects too. Getting all that light into the air and above the audience takes a lot of people. The moving lights are controlled by computer that an expert preprograms for moves, cued by the director. Wrestling is a full up TV production and as such leaves nothing to chance.
Delays are expensive as well and are only used to prevent FCC action against the broadcaster. Since it is difficult to direct around a delay unit, they are used as needed (i.e. the half time show or interviews with fans) the rest of the time they are switched out.