Actually the biggest problem I have with the UFC is that they panda too much to their own conception that they are the elite fighting promotion in the world & drop fighters who lose a few fights.
It's because of this that many of the top "stars" are fighting elsewhere.
Robbie Lawler is a prime example. A good, exciting fighter gets a few losses & the UFC stop using him. Same goes for Nick Diaz & Paul Buentello If you look at the contestants in TUF4 you could pretty much pair them all up & put them on the undercard of UFC62 & it would be a far more attractive card.
They should do what Pride do & "loan" out their fighter that is going through some poor form (Ninja) to a smaller (feeder) promotion & try to rebuild his career. Hopefully that is what they'll do with their European venture.