If Randy Orton punched a fan, everyone would be calling for his release.
After watching the video, I'm sure a lot of people would have reacted in the manner Punk did. Punk tried very hard to ignore it. He did a very good job, but enough is enough. No one is going to stand there and get hit repeatedly. It's clearly a security issue.
No security + you're #1 heel in close proximity to fans = disaster
It's simple. I would be shocked if Punk is reprimanded, because of this. But if Jericho can be suspended for a flag incident, I'm sure Punk can be suspended for this.
Also, I watched Raw late last night, and I was not bored. That is a good sign.