To me, the best-on-best tournaments are the ones that give the best players from the best countries in the world a legitimate and realistic chance to play in the tournament. The World Championships, with the exception of 2005, never did that. I don't know if the 2005 Worlds should be considered a true best-on-best, I'd need to see who was there, and contrast it with who wasn't there. I know Canada iced about half of their top line-up. Don't know whether it was the same with the other countries. It's the one year in which the Worlds had the chance to be a best-on-best.
But the best-on-bests have been the Canada Cup, the World Cup and the Olympics starting in 1998.
To be honest on a couple fronts:
1) The World Cup and the Canada Cup haven't meant as much since 1987. 87 was magnificent. The pinnacle of 80s run-and-gun hockey. But the arrival of Soviet players really took away the significance of the Canada Cup for me. My fondest international hockey memory from 1991 was John Slaney scoring with six minutes left in the third period of the 1991 WJC game between Canada and the USSR. It's not from the 1991 Canada Cup. The 2004 World Cup is fairly low on my list of memorable Team Canada moments. The 2004-05 WJC in Grand Forks means more to me than the 2004 World Cup.
The best hockey from the NHL-run best-on-best tournaments since 87 is the 96 World Cup. That tournament had a lot more emotion, a lot more intensity, and better hockey, than the 91 and the 04 tournaments. Good tournaments. Not great tournaments.
2) I don't put as much emphasis on results from best-on-best tournaments as I used to. I've come to realize that these are short tournaments, It's about which team comes together the fastest as a team. Team Canada fans found that out in Turin. Sweden and Russia found that out this year. Is there anyone out there who honestly thinks that Slovakia is a better hockey nation than Sweden or Russia? Does anyone honestly think that Sweden is the fifth best hockey nation, or Russia is the sixth? I would hope not. Go watch a different sport if you do. Sweden didn't come together. Russia was a train wreck. The Americans came together almost instantly. And they rode team play and chemistry all the way to overtime in the gold medal game.
I'm thrilled Canada won gold in Vancouver. I was thrilled they won gold in Salt Lake. Celebratory beverage and cigar time, boys. I'll never forget where I was when Crosby scored to beat the Americans. For the post 72 generations, it's our "where were you when x happened" hockey moment. But I base my opinions on hockey powers on far more information than just the results of the last best-on-best.
If it was played out over a month, or six weeks, with best-of-five or best-of-seven playoffs, then I'd probably put greater emphasis on the results. (Unfortunately for Russia, nothing short of a massive overhaul would have helped their team. Same thing for Canada in 2006). But it's a two-week tournament with six or seven games, and a bunch of best-of-ones to determine the champion.
It was different in the 70s and 80s. Canada and the Soviets were the clear-cut two best teams. The Czechs and the Swedes might sneak up and surprise somebody. Canada had time for our team could come together, to get ready for the inevitable showdown with the Soviets.
We don't have that luxury anymore. There are eight legitimately strong hockey countries out there. And every one of those eight countries has a goalie who can steal a game - the biggest nightmare, especially for the favourite, in a best-of-one. If we don't come together, we lose in the quarters or the semis. If we take he Swiss lightly, we'll lose. We found that out the hard way in Turin. And even a country like Germany or Belarus or Latvia can sneak up and surprise a Switzerland, a Slovakia or the Czechs. I don't know if that parity will continue - there might be some separation coming between the top four or five teams and the other teams - but right now, there's a lot of parity in international hockey. And it makes best-on-best tournaments very unpredictable.