WWE is not airing NXT on local TV in Florida because they don’t want it available in the US with the idea that it will lower the value if at some point they want to sell it to a TV station or put it on the Network.
There has been a lot of talk about how the entire WWE developmental system has improved since Triple H took things over from John Laurinaitis. Vince McMahon is keeping his hands off developmental, which is why they are attempting to turn it into something like a sports franchise training system with Triple H hiring ex-professional athletes to work in talent relations.
The WWE NXT tapings at Full Sail University are running more and more smoothly. Shows have been very wrestling-heavy, going about 3 hours. While Triple H isn’t booking the NXT events, they are being booked with his directives and some people think that this is how WWE’s TV will be done when he is running the whole show.
source: wrestling observer newsletter