As you know, IDR, there was some doubt in my mind as to whether or not he's still with TNA. In retrospect, his departure was handled quite well. He said he'll come back when the "light returns to TNA" (or something to that effect). I'm pretty sure MVP overthrowing Dixie is going to be that light, so he'll most likely return as a face for team MVP.
His departure (hopefully) garnered Dixie and Magnus some heat, it was a way to keep his legal restrictions in mind, plus it gives him a nice break to rest and freshen up.
How
would I like him to return? I'm such a mark for the guy, so I would love him to return and kick Magnus's ass, but that would be silly.
Magnus and Joe could have a good rivalry for the title. A more
logical way to go from a booking standpoint would be to use him to elevate a few guys who need a rub.
The first name that comes to mind would be Magnus, who has been made to look a total bitch, but what to do with Joe then?
I could say EC3 could do with a rub from Hardy, but they're teasing a face turn for ol' Ethan, so there's that...
With rumours of Kenny King making a return, King vs Jeff would make for amazing spotfests.
If the main-event is loaded enough, you could always throw Jeff into the X-Division. Hardy vs Sabin would be the best option, I think. We've seen Hardy vs Aries for the WHC not long ago and Aries is more than adequate for some spotlight.