I got to see him wrestle at a WWF house show, and outside of Hogan vs. Earthquake, he's the one thing I honestly remember about the show. He wrestled Dino Bravo and he was the only guy I truly marked out for. For most of the show, I was miserable because everything was so damn loud and this wasn't long after me having ear surgery, so of course I had sensitive ears as it was. But I remember the Texas Tornado being the one guy that made me forget about it all and just enjoy his presence.
Anyway, to answer the question, what could he have been? I would like to think he could've been a WWF World Champion and a huge draw for the company. A part of me actually believes that that would've be a possibility, but looking at it now and realistically, overall, I think he would've had a run similar to someone like Jake Roberts had in the late eighties. You know, a hugely over mid-card babyface who was fed to new heels to see if the heel had any potential to draw with Hogan or another World Champion. While Kerry was a tremendous athlete, had an unbelievable look, and was charismatic as hell, he wasn't a great promo cutter and at the time Kerry was around I think Vince wouldn't have put his company in the hands of someone who couldn't talk well on the mic.