Personally I feel that it took away from one of the main heel teams in the tag team division but in the same sense I understand because they had pushed PTP for so long only to be squashed again and again so give them some time to shine, and possibly build other teams.
The other problem is right now there is a lack of depth in the singles heels in the division this is shown as the case with the return of guys like Jack Swagger. On the Smackdown side who do you have as your top heels? Ziggler, Show and Barrett. Now while these guys are nice, what will you do in the next 4-6 months when people are tired of seeing the same old thing over and over again? Sure we can push Orton as heel again, but its imbalancing the faces in the singles division that are your top stars. Personally I seen Damien Sandow as the next star to be pushed to a midcard title or even work as a main eventer, and thats surprisingly odd considering the genius didn't manage to pull the gimmick off very well in the late 80's early 90's, but hey he did beat Hulk Hogan.
Rhodes on the other hand I believe is destined to do brother vs brother with Goldust at WM. Normally you wouldn't think this but I know Vince heard the reaction and Vince sees it as money attraction, and while superstars may be mad about a vet coming back in and taking their spot, Dustin Rhodes is a worker, and always has been. When Jericho was champion and he took on Goldust, Goldust looked like a champion and hell even Jericho said that was one of his better matches of the year and was solid. Goldust could show everyone why Cody is so solid in the ring, and if these two can at least put on a 3-4 star match Cody may get the recognition he deserves and not be back burnered like Ted Dibiase Jr.