Like others have said, simply by dissecting if what happened was good or bad we are talking about the booking in the same way that we are talking about the writing when we discuss if we liked this week's Game of Thrones storyline.

When things are great you hear less complaining, but when we say, "that was so awesome the way this happened, I never saw it coming" That is complimenting the booking, even if we don't say the word.

Discussing the booking is how we analyze wrestling. We can also discuss someone's ability to carry out an interview/angle/match, but as for what actually happened- the story told and the end result- that is booking.