I think this is a good angle for his return. Think about it. When last time they feuded, Hunter was the champ and Orton was his flunky. Now, the tables turn, Orton has beat down Hunter's best friend while he was healing his leg injury. Orton has beaten Michaels to the point where he can't wrestle, and now Orton goes and gloats about it. What would you do if you had to sit back and watch your best friend suffer three concussions in a row? And then watch the person that you helped become a superstar be the one that deals the final blow to your best friends career. The angle has all the makings of a nice looking feud. The only thing that is missing from the mix is Orton with the belt. If Michaels would have won the belt back at WM, and had it this entire time, and dropped the belt to Orton, it would have been so f*ing sweet. Because now, when HHH comes back, its just going to be personal. But if it was made personal on top of being for the belt... think about that... HHH wins the belt and doesn't even care, he just continues to beat the holy hell out of RKO.
And back when I said the tables have turned. When they last feuded, it was HHH (heel) vs Randy Orton (face). Personally I like Randy when he is a face, he just has that "look at me" feel to him. He is the Golden Boy (no Goldust pun intended) of wrestling, just a shame he had to trash that hotel room.