I'd say that Punk's biggest advantage is the fact that he has so much experience being in front of gigantic live crowds in big spots. I'm sure it's very different being in an MMA fight rather than wrestling, but I think that being calm under that kind of pressure is extremely valuable.
Punk has a disadvantage in fight experience and likely skill. Although he's been training with one of the worlds best coaches for pushing two years full time and has one of the worlds best MMA wrestlers as a training partner. It'll be reaaalllllly interesting to see how he fights. If he was successful then it should be an inspiration to anyone out there with zero experience who has a dream.
I will make a prediction that CM Punk will get scared and back out of the fight last minute. I don't see him actually getting in the cage and fighting. He is just looking for attention.
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