#7. Kaientai
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Originally dubbed "Club Kamikaze," Kaientai was a pure Japanese stable that was brought in primarily to feud with Taka Michinoku, who was the WWE's Light heavyweight champion at the time.
Dick Togo and Sho Funaki performed a lot of beat downs and run-ins on Taka, but then oddly Michinoku would actually join the stable. Kaientai was part of an angle that drew a great deal of critisicm toward the WWE.
A female WWE star said her life is in danger. Details HERE
Their manager, Yamaguchi-san, was revealed to have a kayfabe wife, a gorgeous non wrestling Asian model. Val Venis had an affair with Mrs. Yamaguchi, and this drew a great deal of ire from Kaientai when the tape became public. Kaientai would kidnap Val Venis, strip him naked, and was about to perform castration surgery with a Katana when the lights went out and the program ended for the night.
Fans had to wait a week to find out Val's fate, and it was revealed that tabloid fodder John Wayne Bobbit--famous for having his member severed by his wife--saved Venis from a fate worse than death.
After the angle, WWE would fire all but Taka and Funaki. The two became a comedy act who were dubbed into English during their interviews. Taka would do all the talking, then hand the mike to Funaki, who--despite being seen to speak for several moments--would only utter one word, "INDEED."
Taka would eventually tire of the gimmick and head back to Japan, but Funaki remained with WWE and even still works for them as an announcer. It just seems like the group could have accomplished much more than they did.
Why they were underrated: The WWE's lightheayweight division was a pale imitation of WCW's Cruiserweight division, and most of the stars hired for it were either let go or repackaged. With so many other wrestlers and big stars around, Kaientai got lost in the shuffle.