Hopped on the NWO nutsacks? What revisionist history are you watching? Hogan WAS the NWO. The whole concept of the NWO was ex-WWF guys taking over WCW. Hogan was the most logical choice. Without Hogan, the novelty of Hall and Nash jumping ship would have long worn off and there would have been no "Monday Night Wars".
Hogan not only dominated WWF; he came to WCW, RIC FLAIR'S TURF, and took over there. And that was BEFORE the formation of the NWO. Hogan's fans were in all age ranges and, when he came back to WWE, even as a heel, he got more cheers than The Rock, the biggest face in the company at that time.
Flair can't touch Hogan; even HE admitted that Hogan was a bigger star. He called Hogan the biggest star of all time, of course, until he got inducted in the HOF; then he said that Austin was. "I'm sick and tired of saying that it's Hogan; it ends today."
Wrong. Hogan wasn't even the first choice to head the nWo, it was Luger. Ask Monty. Yeah a stable of Hall, Nash, Perfect, Bret, etc... would have just tanked.

And thinking Hogan sustained a bigger reaction from the fans than when the Rock returned is laughable. I'm not a Rock guy, but he was at least as big a deal returning and sustained a longer pop than Hogan.
Hogan is like Arnold......Flair is like DeNiro. You prefer comic books and I prefer War and Peace..... Hogan is the biggest draw ever, but Flair is the greatest wrester ever.
It's like saying that some American Idol winner is a better musician because they sold more albums than someone less known, but who put out far superior music.
One closing thought, Flair could put over a broomstick in a match, Hogan could take another star and turn them into a broomstick.