Steen actually went to observe the Code of Honor, but Lethal waved him off and went after him with right hands. They trade blows and go right out to hte floor where Lethal rams Steen into the barricade, Steen goes to the eyes and rams Lethal into the barricade, then raises his fists in victory to the crowd. Steen sends Lethal back inside, but gets drop toeholded onto the second rope and Lethal slides out to the floor to dropkick Steen in the face. Steen clubs Lethal in the face with a series of forearms, Lethal shrugs it off and dropkicks Steen in the face, then he holds onto the ropes so Lethal can't drag him back into the middle of the ring. Good idea, but it doesn't work because Lethal gets Steen back out into the ring and dropkicked him out to the apron, then followed that with a springboard dropkick that sends Steen to the floor. Lethal wipes Steen out with a dive through the ropes, then does it a second time. Lethal goes for number three, but Steen drags him under the bottom rope and powerbombs him onto the ring apron. Steen crotches Lethal on the ringpost as the announcers rattle off a bunch of statistics about Steen's title reign, Steen hits a senton for 2, then drills Lethal with some right hands and chokes him on the second rope. Steen with a DDT for 2 and then clotheslines Lethal before going to the top rope for a senton. Lethal got the knees up and Steen is in trouble, but he manages to block the dragon suplex so Lethal hits a lungblower instead for covers for 2. Steen with a pump handle neckbreaker for 2, but Lethal dodges a cannonball and hits a neckbreaker for 2. Lethal goes for the Lethal Injection, Steen blocks by trying to pick Steen up for the F5, but his swings Lethal's legs right into the referee's face and knocks him out. Lethal hits the Lethal Injection on the second try, but Corino and Jacobs run in and attack Lethal, laying him out with the spike cradle piledriver and then ditching out of the ring. Jacobs reaches into the ring and wakes the referee, who crawls over and counts 2. Jacobs elbowdrops the referee, but Nigel McGuinness comes down to ringside and chases Corino to the back. Jacobs is still there and goes after Lethal, but Lethal takes him out with an enziguiri.
Steen is on his feet and he and Lethal stare each other down, then they break down into a slugfest in the middle of the ring. Lethal hits a dragon suplex, Steen pops right back up, and Lethal hits a second dragon suplex and Steen barely kicks out at 2. Lethal goes for the Lethal Combination, Steen fights him off but Lethal hits a spinning enziguiri and goes to the ropes, Steen pops him into the air and hits a sitout powerbomb for 2. Steen misses a charge in the corner and Lethal hits five superkicks, then hits the Lethal Combination and foregoes a chance for the win to go up top for Hail To The King. Lethal connects and covers Steen for 2, then transitions right into the Koji Clutch right in the middle of the ring. Steen makes it to the ropes fairly easily and rolls out to the apron, and I have a feeling something dangerous is about to happen. The folks at the timekeeper's table know it's coming and clear out as Lethal goes to the apron, he tries for a dragon suplex off the apron, but Steen picks Lethal up and hits the F5 through the timekeeper's table. Yep, that was pretty dangerous, all right. Steen makes it into the ring as the referee counts on Lethal, and Jacobs holds Lethal's ankle to keep him from getting inside, but Lethal kicks him off and makes it inside just before the 20 count. Steen immediately hits the package piledriver, but Lethal kicks out at 2. Jacobs pulls out the spike and Steen tells him to get out of here, Lethal kicks Steen into Jacobs, knocking Jacobs off the apron, and rolls Steen up for 2. Lethal with a superkick, and both men are down. They both get up, Steen charges into Lethal's boot, and Lethal slowly goes to the apron and climbs to the top rope. He's taking F-O-R-E-V-E-R to get up there, Steen stops him and goes up top as well, Lethal fights him off and goes for the elbow, but Steen pops up and nails Lethal a second time, then hits his old buddy's top rope brainbuster for the win.
Winner: Kevin Steen
Steen prevents a clean sweep of title changes for the evening, and Rhino and Jacobs run in and attack Lethal and the referee. The Briscoes run in, but they get laid out as well. Coleman and Alexander run in and go at it with Rhino and Jacobs, but Jimmy Rave runs in with a SCUM t-shirt on and clears Coleman and Alexander out. BJ Whitmer and Rhett Titus run in and Whitmer goes after Rave, but Titus dropkicks Whitmer in the face and tears his t-shirt off to reveal a SCUM shirt on underneath. Michael Elgin runs in and tries to fight SCUM off, but then Cliff Compton runs in as well with a SCUM shirt on and throws powder in Elgin's face. The American Wolves run in to try and help out, but they wind up getting laid out as well as we see that everyone SCUM lays out has been zip tied to the ropes. Adam Cole runs in, but Matt Hardy runs in as well and opens up his shirt to reveal a SCUM shirt underneath as well. Steve Corino comes back out to ringside with a microphone and says that evil would win, and evil is here. We are witnessing the power of SCUM and the destruction of Ring of Honor, and there isn't a thing anyone can do about it. As Jay Lethal sits there a beaten man, he's the last of the challengers, and Kevin Steen has proven himself to be the greatest ROH World Champion in history. He's the king of ROH and the king of professional wrestling, and the mission has always remained the same: bring suffering, chaos, ugliness, and mayhem to this company, and everyone in ROH should feel responsible for the destruction of everyone laying in the ring. The nail has been put in the coffin, he promised their numbers would grow, and they did. They are the ones who have been put down by this company and have had to deal with everyone's complaining, and they will murder this company. Jimmy takes his spike and tears up an ROH banner, then the rest of the group tears it apart and throws it on top of Lethal's unconscious form. Corino says that war has been declared, and it won't last very long because tonight, honor has died. Steen didn't lift a finger during this entire postmatch segment, and didn't seem sure about what Corino was saying, teasing that he might not be long for the group himself.
Well DAMN, that was a hell of a closing angle! Anyone who didn't watch this needs to go out and buy the replay right now. This was three hours of excellent wrestling, a terrific main event, and an insane angle to close the show while setting us up with some questions to make us come back. The iPPV stream was top notch, it looked professional, and this was overall a premium wrestling experience. I simply can't recommend this highly enough.
Thanks for following PWInsider.com's live coverage of ROH's 11th Anniversary Show, I'll be back soon with the postgame show! For information on ordering the replay, which I highly recommend, go to www.rohwrestling.com.