Svetlana over in Europe covers the stage with cameras to record her and anyone else of interest at major matches she attends. The production value of the end video is amazing and more exciting than most I've seen. But, given her wealth, it's easy for her to do. It would be nice to see a major network invest even 1/10th the budget they put into poker tournaments for IPSC/USPSA matches. It would not be hard to have almost live coverage with good angles on targets, and hit factors/scores being shown as they happen. Proper squading would enable excitement for an entire show no problem. If it was shown after the match a good production team could wrap up a major match in a couple days easy. But again, money.
I shoot a variety of matches and I've found that so long as I had a vested interest in the match, I didn't mind watching the other people shoot. Even when I shoot our local sniper champs, watching the other guys on the Agony stage was enjoyable, and that is 45-60 minutes, minimum, of laying behind a gun with 10 shoot target exposures and unknown number of no shoot exposures. In fact I think it was better to watch than do. But to the non competitor it was probably worse than watching grass grow.
There really is no reason our sports shouldn't be as exciting to watch as say golf or tennis, if produced properly. But it would take a lot of money and good luck to pull it off commercially.