I think we are all amused that you can "read" St. Pierre's mind and know exactly what he was thinking.
I think that both fighters have a great deal of respect for each other and a lot of that talk prior to the fight was probably to build up hype.
Was St. Pierre's comment on being dazed by one of Hughes' punches a tactic to make Hughes think that he still has a chance in striking with St. Pierre? Who knows.
Matt has definitely improved his stand-up compared to the past, but his dominance lies in his wrestling. He will need to be more prepared next time if he wants to defeat St. Pierre again (i.e. a game plan).