Personally, I think there are better candidates out there for the job than Pearson. Don't get me wrong - I think he's a good manager, but I'd rather see some of the other names mentioned get the job instead. There are a lot of good managers out of work at the minute such as Billy Davies, Mark Hughes, Sean O'Driscoll, Alan Curbishley, Martin O'Neill who I think could do a great job here given the opportunity. Also, Pearson will be coming back to a very different club with very different expectation levels, he's not got the momentum gathered from when we won League 1 - he'd be coming back to a completely different job. For me, he's always been one of those managers who is fantastic when working on a fairly tight budget and getting the best out of fairly average players, now he'd be inheriting a squad including a few highly paid prima donnas and he'll probably be given another £5 milion to spend in January and there will always be that element of our fanbase who will be expecting us to win pretty much every game, and if we don't they'll start getting vocal about it pretty much immediately, which Pearson won't like at all.
The other thing that concerns me about this potential appointment is what the owners are thinking about. It makes a mockery of their last 18 months here and sends out the message that we've not progressed at all under their tenure and that they are running out of ideas about who to appoint, desperately trying to emulate the conditions under which we were last relatively successful in the league. Football doesn't work like that and it just shows them up as rich men who don't seem to know anything about the game unfortunately.
So in summary, I don't think it would be the end of the world if Pearson came back, I think he'd do a good job, but I think there are better candidates out there who aren't in jobs who could do a better job - but then I don't know who they've tried to recruit so far, or whether this is the owners first choice or not.