The good side about this news is that this would force Vince McMahon to actually write a show that would appeal to the fans, not a product that only appeals to himself, like he's been doing for the past 8 years.
The bad side to me is how deep in star power TNA actually is to put forward a second show on Monday nights to compete with WWE. Of course, this would give the opportunity for midcarders not regularly used on Impact to have another shot at exposure and making a better payday with the promotion. However, the storylines will have to be much more solid rather than being props for gimmick matches on PPVs.