Randy Orton doesn't need the WWE/World Heavyweight Championship, not now or in the near future. He is doing fine where he is, he is still the face of Smackdown, still way over with the fans, he's doing a great deed by some of the younger talent by helping get them over, something a lot of guys did for Randy himself when he was bursting out onto the scene as a big player. He doesn't need a title to show he's a top talent right now, especially when WWE are attempting to produce another formidable Champion, something Orton already is.
Randy needs to stay in the background and continue getting the odd person here and there over. I'm sure he'll step back into the title picture eventually, but he shouldn't win it. Sheamus is already World Heavyweight Champion and he needs to stay that way for at least a couple of months. If he is to drop the belt to anybody, it ought to be to Daniel Bryan due to the fact that placing the belt on him would be an intelligent move from a business stance because it would simply further his stance in the WWE, which has risen a lot since his 18 second squash at Wrestlemania.
Alberto Del Rio needs to be given somewhat of a chance to get back into the title scene. Del Rio makes a much better chaser than he does a Champion and it seems as if WWE are planning to have him focus on the World Heavyweight Championship, which knocks Orton further back as he's feuding with Kane. And then another name who'll eventually pop into the picture is Cody Rhodes. Unless Rhodes is drafted to RAW, he more than deserves a small push towards the World Heavyweight Championship. Smackdown hasn't got many heels who can contend Sheamus, Rhodes is someone who deserves to be placed up in the main event scene of Smackdown after the last year he has had.
Asides from that, the draft could change a few things anyhow. Orton could be knocked further back if somebody like Dolph Ziggler is drafted back to Smackdown, as he would and should be placed in contention for the World Heavyweight Championship. Orton has held the belt so many times now that people are sick of seeing him with it, keep it away from him for a further seven or eight months and see where they're at then. Randy can always be inserted into the title scene when need be to bring the belt back to a formidable Champion and that is the only reason he ought to get the belt in the near future.