The event kicked off with an introduction by Joey Styles, which was interrupted by Bill Alfonso, who praised his client Taz. Taz came to the ring but soon Tod Gordon and 911 also showed up. 911 and Taz were about to get involved in a confrontation until several wrestlers separated the two, during which Taz hit a Hardway Taz-Plex on Pablo Marquez. 911 chased after Taz until The Eliminators attacked 911 and executed a Total Elimination and then Rey Misterio, Jr. made the rescue for 911 to begin the opening match of the show. Taz interfered in the match twice by choking out 911 with a towel. As the match continued, 911 recovered and Misterio delivered a diving hurricanrana on Saturn by leaping off 911's shoulders for the win. After the match, Eliminators attacked their opponents and nailed a Total Elimination to Misterio while 911 brawled with Taz in the aisle. The Pitbulls and Francine tried to make the save but Francine sustained a Total Elimination and Pitbulls tossed Jason onto Eliminators outside the ring. Next, Rob Van Dam made his ECW debut against Axl Rotten. RVD delivered a split-legged moonsault to Rotten for the win. Next, Mikey Whipwreck defended the ECW World Television Championship against 2 Cold Scorpio. The referee was knocked out after Scorpio executed a superplex on Whipwreck. Raven interfered in the match and hit an Evenflow on Whipwreck. Scorpio took advantage by nailing a powerbomb and a Drop the Bomb on Whipwreck to win the title. Later, Hack Meyers took on Taz. Taz dominated Meyers with a series of Tazplexes before applying a Tazmission for the win. In the following match, Buh Buh Ray Dudley took on Jimmy Del Ray. Mr. Hughes distracted Dudley as he was about to nail a Bubba Bomb and Del Ray tried to backdrop him but Buh Buh countered with a DDT for the win. After the match, Hughes brought out Shane Douglas back to ECW, who confronted Buh Buh. This was followed by a segment which featured a key development in the feud between Raven and Tommy Dreamer, which had begun upon Raven's debut in ECW one year prior. During the segment, Raven's girlfriend and valet, Beulah McGillicutty, unexpectedly announced that she was pregnant, and that the father of the baby was not Raven, but his arch-rival, Dreamer. After Raven began throttling her, Dreamer stormed to the ring and decisively beat down Raven and his henchmen, Stevie Richards and The Blue Meanie, before embracing McGillicutty. Next, The Sandman defended the ECW World Heavyweight Championship against Konnan. Both men caned each other repeatedly and fell down and the referee began counting to ten until Woman revived Sandman while Konnan failed to answer the referee's ten count. As a result, Sandman retained the title. Sabu took on Stevie Richards in the penultimate match. Sabu nailed an Arabian Facebuster on Richards for the win.
The Inside Pulse staff wrote "While this show isn’t exactly out of the ordinary Great, it has a lot of solid bouts and good angles. This would be the start of, in my opinion, the greatest year in ECW history. It offered a little bit of everything for the fans." The World Television Championship match was named the match of the night, due to having "good heat, told a great story and gelled very well together in a good back & forth match", while the main event match and the penultimate match were tied at second place. Wrestling 20 Years Ago staff rated the event 7 out of 10, saying "An entertaining enough, busy enough show that you'll get your times worth. I'd say seek out the opening 20 minutes, the Raven/Dreamer angle and the Sabu/Richards match if you're looking for specific stuff, but this is a decent show throughout."