While on the subject of Hogan let's be clear: if the IWC was around then it would have stopped Hogan's run long before. Take Wrestlemania V for example. If fans had the capability they have today I'm certain that crowd in Atlantic City would have booed Hogan out of the building in his match against Savage. More importantly it may have caused a change in direction for the WWE in how they viewed the product in relation to the fans.
To answer your question: Yes. Cena is the new version of Hogan. Cena attracts to kids, he has a super power/defy all odds character, and he has carried the company on his back.