My take: I don't care who you are, or what you have done, or what has been said about you by unscrupulous businessmen trying to make a quick buck. if you are willing to go on TUF, learn a thing or two, and EARN your way into the UFC, you will earn some respect from me as a fighter. I don't know the man personally, and all I've seen has been filtered throguh the media, so I can't take it at face value. But as a fighter, make it through that proving ground, learn a thing or two, and fight your way up. Win or lose, if you deserve a shot, and a UFC fight, there's a good chance you'll get it.
I'd watch in a heartbeat.