I like this fight as it helps to solidify the #1 contender in the MW's. Also if this fight is happening, I think Franklin should move into the slot to face Sonnen, giving the card 2 nice MW bouts and helping the card meet its SB Weekend status.
As far as the bout, its real tough to go with either fighter as a favorite, Nate is well seasoned and has had some impressive wins lately. Belfort has faced some of the toughest fighters in his career, never been KO (was TKO twice, one doctor stoppage and one due to strikes, both vs. Couture)but has mainly lost to the top competition. IMO "The Phenom" has never really lived upto the hype. That being said, I like Nate, who has only been TKO'd by Silva.