I don't think that's the main face plate for one reason:
Where does the champion's name go?
That's been an important aspect to all of the world titles as of late, especially because when they sell replicas of the belts, you can custom order your favorite superstar's name for the name plate, or your own name, or both, or as many as you want. The Undisputed belt had this option, the Spinner belt had this option, the WWE US titles have always had this option, the WCW/WHC belt has had this option, the WWECW belt had this option, the last IC title had this option, the Raw WWE Tag Titles had the option, the Smackdown World Tag Team Titles had the option, the WWE Cruiserweight belt had the option, and even the Diva's Championship has this option. I think the only reason Cody's belt doesn't have it is because they weren't clever enough to think of a way to work it into the retro design, and the Penny Tag Titles don't have them because tag team wresting has been in the shitter for years.
Make no mistake, the ability of WWE to sell replicas is a huge focus of these title belts. The Divas belt has been reported to sell well with girls - after all, why wouldn't it? Its very "girly" with the butterfly and way more gender specific than the Women's championship. That's why we've had the spinner belt for so long (though I think it's ability to spin has been gone longer than it was around, at this point). As ugly as it is, a certain segment of the audience is gobbling up those replicas. That's why you have the Big Gold Belt for the traditionalists, but even that's been tweaked and modified from the WCW version.
Additionally, I don't think that's the the main faceplate because it's just pure gold and fake jewels. Why wouldn't there be any detail to the actual logo or to the word "Champion"? Whether it be black or red or whatever. It might pass for a side emblem on the belt but even for that it's not very detailed.
Also, there's very little difference between that image and the Non-Spinning Spinner Belt. I don't see how people can be okay with that but not with the Non-Spinning Spinner. Because it spells out Champion instead of Champ? It's basically the same shit just slightly repackaged, if that indeed ends up being the main face plate.